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.