Search Results for keywords:"stainless steel bar"

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Search Results: keywords:"stainless steel bar"

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  • 2021-02725 — Stainless Steel Bar From India: Notice of Court Decision Not in Harmony With Final Results of Changed Circumstances Review of the Antidumping Duty Order and Notice of Amended Final Results of Review
    Type:Notice
    Citation:86 FR 8884
    Reading Time:about 5 minutes

    The U.S. Department of Commerce has announced a correction to its previous decision regarding the antidumping duty order on stainless steel bar from India. On January 28, 2021, the U.S. Court of International Trade ruled that the original decision was incorrect, prompting Commerce to amend its results. Despite this change, the revised antidumping duty margin for the company Venus Wire Industries remains above the minimum threshold, meaning they will stay included in the antidumping duty order. Commerce will not issue new cash deposit instructions as Venus had already been subjected to another review that established a new rate.

    Simple Explanation

    The U.S. government changed its mind about some rules for selling a special kind of steel from India to the U.S. because the court said the first decision was not right. But one company's steel still costs extra when sold to the U.S. because of an older rule.

  • 2021-03780 — Stainless Steel Bar From India: Preliminary Results of Antidumping Duty Administrative Review; 2019-2020
    Type:Notice
    Citation:86 FR 11235
    Reading Time:about 8 minutes

    The Department of Commerce has preliminarily found that a key respondent from India sold stainless steel bars at prices below the normal value between February 1, 2019, and January 31, 2020. This review covers companies like the Venus Group and Ambica Steels Limited. Due to missing information, the Department used available facts with adverse inferences against the Venus Group. Interested parties can comment on these preliminary findings, which include a proposed antidumping duty of 30.92% on relevant imports, and results are expected to be finalized within 120 days of the notice's publication.

    Simple Explanation

    The government looked at how some companies from India sold stainless steel bars in the U.S. They found that one company was selling them at prices that were too low, which isn't fair, so they might have to pay extra fees. Other people can give their thoughts on this before the final decision.