The U.S. Department of Commerce completed a review of the antidumping duty on steel propane cylinders from Thailand for the period of August 1, 2022, to July 31, 2023. They found that Sahamitr Pressure Container Plc. (SMPC) sold these cylinders in the U.S. at prices lower than normal value. As a result, Commerce will assess specific antidumping duties and establish new cash deposit requirements for future imports from SMPC. The notice also reminds importers of their responsibility to file a certificate about reimbursed duties and informs about the procedures for administrative protective orders.
Simple Explanation
The U.S. found that a company from Thailand sold propane tanks in America for less money than they should have. Now, they'll have to pay extra fees if they want to keep selling tanks there.