Search Results for keywords:"Interfor Sales

The U.S. Department of Commerce is reviewing antidumping duties on certain softwood lumber products from Canada for the year 2023. Preliminary findings show some Canadian companies sold lumber in the U.S. at less than the normal value. As a result, duties have been calculated, including a weighted-average dumping margin of 20.07% for non-selected companies. The affected parties can comment on these findings, and final results are expected within 120 days, which will determine future duties and cash deposit requirements for these products.

The Bureau of Ocean Energy Management (BOEM) has released a Record of Decision regarding the proposed oil and gas Lease Sale 257 in the Gulf of Mexico. This decision highlights BOEM's preferred plan, known as Alternative A, which would allow leasing of most unleased areas in the Gulf, except for certain protected zones and areas with ongoing legal issues. The lease sale is expected to cover approximately 79.7 million acres, potentially yielding up to 1.118 billion barrels of oil and 4.424 trillion cubic feet of natural gas. Additionally, BOEM has adopted various environmental and operational stipulations to protect sensitive underwater features and ensure responsible development.

The Food Safety and Inspection Service (FSIS) of the U.S. Department of Agriculture has issued a notice about the updated dollar limits for retail stores selling meat and poultry products to hotels, restaurants, and similar institutions without requiring federal inspection. For 2025, the limits have been raised to $103,600 for meat and meat products and $74,800 for poultry products. These adjustments are based on changes in consumer prices reported by the Bureau of Labor Statistics. The limits ensure that such retail operations remain exempt from federal inspection while selling to non-household consumers.

The Office of Natural Resources Revenue (ONRR) has issued a final rule that updates regulations on how oil, gas, and coal are valued for royalty purposes from Federal and Indian leases, and how civil penalties for certain violations are assessed. The rule reintroduces the option for gas lessees to use an index-based valuation method, removes some limitations on transportation and processing allowances, and clarifies definitions and procedures for valuation. It also explains that civil penalties for payment violations will be assessed more transparently, considering the monetary impact of the violation, and clarifies how ONRR considers mitigating and aggravating circumstances, aiming to increase transparency and fairness.

The Bureau of Indian Affairs of the Interior Department announced amendments to the Pueblo of Santa Clara Liquor Code, which were adopted by the Tribal Council on December 13, 2024. These amendments aim to regulate the introduction, sale, and consumption of alcohol within Santa Clara Indian Lands to promote economic and social goals while protecting public health, safety, and welfare. The updated Liquor Code outlines various regulations, such as types of licenses, selling hours, and prohibitions against selling alcohol to individuals under the legal drinking age. Additionally, a percentage of alcohol sales revenue will fund programs for alcoholism prevention and treatment. The changes will officially take effect on April 17, 2025.

The Federal Deposit Insurance Corporation (FDIC) has issued a notice requesting public comments on the renewal of two information collections related to its obligations under the Paperwork Reduction Act of 1995. The first collection involves employees applying for jobs at the FDIC, requiring them to certify they meet certain fitness and integrity standards. The second collection involves verifying the eligibility of individuals or entities to purchase assets from failed banks under FDIC receivership. The FDIC is asking for feedback on the necessity, accuracy, quality, and burden of these information collections before the deadline of February 7, 2025.

The U.S. Department of Commerce reviewed the sales practices of OCTAL SAOC FZC, a producer/exporter from Oman, for polyethylene terephthalate (PET) resin during a specific period and found that they did not sell the product at less than normal value. As a result, OCTAL will not be subject to antidumping duties. The Department has also updated procedures for assessment and cash deposit requirements, maintaining a zero percent cash deposit rate for OCTAL and the standard rate for others if applicable. Importers must be aware of their responsibilities regarding antidumping duties to avoid extra charges.

The U.S. Court of International Trade (CIT) has made a decision that is not in line with the Department of Commerce's original findings regarding antidumping duties on welded line pipe from South Korea, specifically for the companies Hyundai Steel, SeAH Steel Corporation, and others. As a result, the Department of Commerce has recalculated and adjusted the dumping margins—the percentage that products are sold below fair market value—accordingly. The CIT's decision includes changes to how certain sales and costs were calculated in response to appeals and takes effect from January 14, 2021. This announcement ensures that future imports from these companies have the adjusted rates, pending any new legal challenges.

Based on final decisions made by the U.S. Department of Commerce and the U.S. International Trade Commission, the Commerce Department has issued antidumping duty orders on melamine imported from Germany, Japan, the Netherlands, and Trinidad and Tobago. This means that these countries have been selling melamine in the U.S. at unfairly low prices, harming American businesses. As a result, these imports will now be subject to special duties to level the playing field. The orders also detail procedures for lifting certain duties and continuing others, in accordance with U.S. tariff laws.

The International Trade Administration received an application from Insiglobex LLC for an Export Trade Certificate of Review, which would provide them protection against certain antitrust actions while exporting their products and services. The public is invited to comment on whether this certificate should be approved. The application includes comprehensive plans for global trade activities, excluding the United States, and covers a wide range of products, services, and technologies. The deadline for public comments is within 20 days of the notice, and comments should be submitted electronically to the given email address.