Chinese Steel Wire Strand Imports Scrutinized | Shanghai Daily

The story appears on

Page B2

October 29, 2009

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » Energy

Chinese Steel Wire Strand Imports Scrutinized

THE United States government announced preliminary determination in the countervailing duty investigation on imports of prestressed concrete steel wire strand from China, according to a statement released by the Commerce Department.

The department on Tuesday said Chinese producers and exporters of prestressed concrete steel wire stand have received net countervailable subsidies ranging from 7.53 to 12.06 percent.

As a result of this preliminary determination, the department will instruct US Customs and Border Protection to collect a cash deposit or bond on imports of prestressed concrete steel wire strand from China.

The department is set to issue its final determination in January 2010. If the department makes an affirmative final determination, and the US International Trade Commission also agrees that imports of prestressed concrete wire strand from China materially injure, or threaten material injury to the domestic industry, the department will issue a countervailing duty order in March 2010.





 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend