Search Results for keywords:"Tianjin Magnesium Metal Co., Ltd."

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Search Results: keywords:"Tianjin Magnesium Metal Co., Ltd."

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  • 2025-01304 — Pure Magnesium From the People's Republic of China: Amended Final Results of Antidumping Duty Administrative Review; 2022-2023
    Type:Notice
    Citation:90 FR 7078
    Reading Time:about 8 minutes

    The U.S. Department of Commerce amended the final results of a review on antidumping duties for pure magnesium imported from China during May 1, 2022, to April 30, 2023. The review identified ministerial errors in computing transportation and labor costs, impacting the dumping margin for Tianjin Magnesium Metal Co., Ltd. and its affiliate. Correcting these errors changed their dumping margin from 32.60% to 25.26%. The amended results affect future duties and deposits, with new cash deposit rates applicable from December 13, 2024.

    Simple Explanation

    The U.S. says that when they checked the prices of magnesium metal from China, they found a mistake in their math that made the company pay too much extra money. So, they fixed it, and now the company will have to pay less extra money when they sell magnesium to the U.S.

  • 2024-29326 — Pure Magnesium From the People's Republic of China: Final Results of Antidumping Duty Administrative Review; 2022-2023
    Type:Notice
    Citation:89 FR 100967
    Reading Time:about 9 minutes

    The U.S. Department of Commerce has completed a review of antidumping duties on pure magnesium imported from China. They found that two companies, Tianjin Magnesium Metal Co., Ltd. and Tianjin Magnesium International Co., Ltd., sold magnesium in the U.S. at prices below normal value from May 1, 2022, to April 30, 2023. The outcome includes specific instructions for calculating and applying duties on these imports. The department has published its review results and will update cash deposit requirements for future shipments based on these findings.

    Simple Explanation

    The U.S. government looked at whether two companies from China sold a metal called magnesium in America for too cheap, less than they normally sell it for in China, between May 2022 and April 2023, and found that they did, so now these companies will have to pay extra taxes on their future shipments.