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Jiangsu-based steel mill wins from USA's final CVD investigation determination

2018-09-04 17:34:19  【Print】
The Department of Commerce of USA (Commerce) levied heavy countervailing duty (CVD) and anti-dumping duty (AD) on China's special steel mills.Asian Metal Copyright On April 19, 2017, Tiangong International submitted application to accelerate the CVD review investigation through local lawyer, and Commerce announced on May 22, 2017 that it would speed up the CVD review investigation.Asian Metal Copyright Tiangong International Company Limited located in Zhenjiang of Jiangsu won from USA's CVD investigation through counterplead.

USA previously initiated CVD and AD investigations on China's special steel mills. And Commerce issued on January 17, 2017 that it would levy additional AD of 68.Asian Metal Copyright As a result, Tiangong International and EU became equal in USA market.Asian Metal Copyright27% and additional CVD of 251% on China's steel exported to USA, which meant that steel exports to USA from China would be levied the special tariffs of 319.Asian Metal Copyright27%.Asian Metal Copyright27%.

On April 19, 2017, Tiangong International submitted application to accelerate the CVD review investigation through local lawyer, and Commerce announced on May 22, 2017 that it would speed up the CVD review investigation. With 15-month efforts, USA determined that CVD rate imposed on Tiangong International decreased from 251% to 24.Asian Metal Copyright27% sharply decline to a reasonable range, finally realize the goal stably expanding shares of USA market and actively deal with Section 232 and 301 investigations.Asian Metal Copyright04%.Asian Metal Copyright Xu Shaoqi, the director of Law Department under Tiangong International said that the company would continue to lodge annual administrative review of AD, struggling to make the AD of 68.Asian Metal Copyright As a result, Tiangong International and EU became equal in USA market.

Xu Shaoqi, the director of Law Department under Tiangong International said that the company would continue to lodge annual administrative review of AD, struggling to make the AD of 68.27% sharply decline to a reasonable range, finally realize the goal stably expanding shares of USA market and actively deal with Section 232 and 301 investigations.
.Asian Metal Copyright On April 19, 2017, Tiangong International submitted application to accelerate the CVD review investigation through local lawyer, and Commerce announced on May 22, 2017 that it would speed up the CVD review investigation.Asian Metal Copyright