The U.S. Department of Commerce has finalized its review of the antidumping duty order on forged steel fittings from China for the period between November 1, 2022, and October 31, 2023. The review found that Yingkou Guangming Pipeline Industry Co., Ltd. and Jiangsu Forged Pipe Fittings Co., Ltd. are not eligible for a separate rate and are part of the China-wide entity, which has an antidumping duty rate of 142.72%. As no comments were received on the preliminary results, the previous findings were not changed. This determination will affect how duties are assessed and collected on goods from these companies during the review period.
Simple Explanation
Imagine that some people in the U.S. want to make sure they are not paying too much money for things like steel parts coming from China. This review found two companies made these parts, but they didn’t follow special money rules, so now they have to pay extra big fees when they sell those parts here.