Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The US Department of Commerce has issued its final antidumping (AD) duty on stainless steel bar exported from India during the period of review (POR) February 1, 2017, through January 31, 2018, in a report published on June 7, 2021. The U.S. Court of International Trade (CIT) issued its final judgment on June 2, 2021, supporting Commerce’s remand results pertaining to the AD duties administrative review.


Commerce stated that the CIT’s final judgment is not in harmony with Commerce’s final results and as such has amended the antidumping margins assigned to select companies. Subsequently, the department has issued a final AD duty of 24.60 on Laxcon Steels and the Venus Group and 92.10 on Jindal Stainless.


The department instructed U.S. Customs and Border Protection (CBP) to continue to collect cash deposits at the rate previously established for the Venus Group and intends to issue revised cash deposit instruction for Jindal and Laxcon. Where an import-specific ad valorem assessment rate is zero, Commerce has instructed CBP to liquidate the appropriate entries without regard to antidumping duties. 


For entries during the period of review produced by the Venus Group for which it did not know was intended for the US, CBP is instructed to liquidate unreviewed entries at all other rates if there is no rate for the intermediate company or companies involved. 

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