CV: China Light-Walled Rectangular Pipe and Tube
The International Trade Administration has amended its preliminary countervailing duty determination on light-walled rectangular pipe and tube (LWRP) from China in order to correct a significant ministerial error with respect to the CV duty rate calculation for Zhangjiagang Zhongyuan Pipe-making Co., Ltd. (ZZPC).
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This correction also affects the CV duty rates established for Qingdao Xiangxing Steel Pipe Co. and the all-others rate. (The preliminary CV duty rate for Kunshan Lets Win Steel Machinery Co., Ltd. (Lets Win) remains unchanged at 0.27%.)
ZZPC Liquidation No Longer Suspended, Cash Deposit/Bond No Longer Required
The ITA states that the collection of bonds and cash deposits will be revised as indicated below. It will instruct U.S. Customs and Border Protection to continue to suspend liquidation of all entries of LWRP from China on or after December 27, 2007; however, neither the suspension of liquidation nor the requirement for a cash deposit or bond will apply to merchandise produced and exported by Lets Win or ZZPC because the ITA has preliminarily determined that Lets Win and ZZPC received de minimis subsidies.
| Exporter/Manufacturer | Amended Prelim CV Rate |
|---|---|
| Kunshan Lets Win Steel Machinery Co., Ltd. | (a) (unchanged) |
| Qingdao Xiangxing Steel Pipe Co. | 45.6% (from 77.85%) |
| Zhangjiagang Zhongyuan Pipe-making Co., Ltd. (ZZPC), and Jiangsu Qiyuan Group Co, Ltd (Group)1 | (a) (from 2.99%) |
| All Others | 15.59% (from 2.99%) |
(a) The ITA has determined de minimis preliminary CV duty rates for Lets Win (0.27%) and ZZPC (0.90%).
1The ITA previously stated that because they are cross-owned and because Group is the parent company of ZZPC, the ITA preliminarily determined that any subsidies bestowed on Group are properly attributed to Group's consolidated sales.
(See ITT's Online Archives or 12/03/07 news, 07120335, for BP summary of the original preliminary CV duty determination.)
ITA contact - Damian Felton (202) 482-0133
ITA notice (FR Pub 12/27/07) available at http://a257.g.akamaitech.net/7/257/2422/01jan20071800/edocket.access.gpo.gov/2007/pdf/E7-25083.pdf