On Monday, the US Department of Commerce (DOC) announced the final results of its administrative review of the antidumping (AD) order on stainless steel bar from Brazil.
The review covered one company - Villares Metals S.A. - during the period from February 1, 2011, through January 31, 2012.
The DOC calculated a final dumping margin of 0.00 (zero) percent for Villares Metals.This margin compares with the previous dumping duty deposit rate of 4.07 percent for Villares Metals.
Accordingly, effective April 15, 2013, the dumping duty deposit rate became 0.00 percent for Villares Metals. In addition, the DOC will send instructions to US Customs and Border Protection to liquidate imports that were entered during the period of review at the applicable dumping rate.
