The US Department of Commerce has preliminarily levied antidumping (AD) and countervailing duties (CVD) on steel cylinders exported from China to the US.
Commerce indicated that after its investigation, initiated in April, it had preliminarily determined that steel cylinders from China were sold at less than fair value from July 1, 2019, to December 31, 2019.
As a result, the US would impose a preliminary dumping margin of 57.83-114.58pc depending on the company and the shipment volumes, Commerce said in its notice on Thursday. The agency also determined a cash deposit rate of 46.28-104.04pc, depending on the company.
Commerce has invited interested parties to comment on the ruling before it announces the final results of its investigations.
Here is a breakdown of the AD rates for different companies and the China-wide rates:
|Exporter||Producer||Average dumping margin (in %)|
rate (in %)
|Sanjiang Kai Yuan Co.||Sanjiang Kai Yuan Co||95.14||77.12|
|Wuyi Xilinde Machinery Manufacture||Wuyi Xilinde Machinery Manufacture||57.83||46.28|
|Hangzhou JM Chemical||Hangzhou JM Chemical||69.09||55.86|
|Ningbo Eagle Machinery & Technology||Jinhua Sinoblue Machinery Manufacturing||69.09||58.55|
|Zhejiang Kin-Shine Technology||Zhejiang Kin-Shine Technology||69.09||55.86|
|T.T. International||Wuyi Xilinde Machinery Manufacture||69.09||55.86|
|ICOOL International Commerce Limited||ICOOL International Commerce Limited||69.09||55.86|