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:

 

ExporterProducerAverage dumping margin (in %)

Cash deposit

rate (in %)

Sanjiang Kai Yuan Co. Sanjiang Kai Yuan Co95.1477.12
Wuyi Xilinde Machinery ManufactureWuyi Xilinde Machinery Manufacture57.8346.28
Hangzhou JM Chemical Hangzhou JM Chemical 69.0955.86
Ningbo Eagle Machinery & Technology Jinhua Sinoblue Machinery Manufacturing69.0958.55
Zhejiang Kin-Shine TechnologyZhejiang Kin-Shine Technology69.0955.86
T.T. InternationalWuyi Xilinde Machinery Manufacture69.0955.86
ICOOL International Commerce LimitedICOOL International Commerce Limited69.0955.86
China-Wide Entity 114.58104.04

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