The U.S. Department of Commerce completed an administrative review and found that Oman Fasteners, LLC did not sell steel nails from the Sultanate of Oman at prices below normal value in the U.S. from July 2022 to June 2023. As a result, the company will not face additional antidumping duties. The review outcomes, including changes made since preliminary results and the new dumping margin calculations, are detailed in the Issues and Decision Memorandum, which can be accessed online. The final results also specify assessment and cash deposit requirements for these merchandise shipments.
Simple Explanation
The U.S. Department of Commerce looked at whether a company from Oman sold steel nails in the U.S. for less money than they cost to make and found that they didn't. So, this company won't have to pay extra taxes on their nails.