The U.S. Department of Commerce has made a final decision that melamine imported from the Netherlands is likely being sold in the U.S. at prices below fair value. This determination, which covers January 1, 2023, to December 31, 2023, did not change from the preliminary findings as no comments were submitted by interested parties. OCI Nitrogen B.V., a key company involved, stopped participating in the investigation, leading the Department to use adverse facts available for their assessment. The estimated dumping margin is set at 53.50% for other producers and exporters, and further actions now depend on the U.S. International Trade Commission's injury assessment.
Simple Explanation
The U.S. Department of Commerce found that some melamine from the Netherlands is being sold in the U.S. at unfairly low prices, just like they suspected before, and they’re going to look into it more to see if it’s hurting American businesses.