Search - Content
Search - Industry
Search - People/Events
Search - Forums
Search - Book of Terms
Search - Newsfeeds



jobcenterbanner

FacebookLinkedinYoutubeFlickr

U.S. DOC rules against Vietnam steel wire garment hangers

The U.S. Department of Commerce has found that imported steel wire garment hangers from Vietnam warrant imposition of both an antidumping duty (AD) and a countervailing duty (CVD) order, a declaration that will go into effect if the U.S. International Trade Commission (ITC) issues a final affirmative injury determination.

In its ruling on Dec. 18, 2012, DOC announced its affirmative final determinations, finding that producers/exporters from Vietnam have sold steel wire garment hangers in the U.S. at dumping margins of 157% to 220.68%, and that they received countervailable subsidies of 31.58% to 90.42%. DOC noted that "critical circumstances" were found to exist in both investigations The petitioners for the investigation included M&B Metal Products Company, Inc., in Alabama; Innovative Fabrication LLC/ Indy Hanger, in Indiana; and US Hanger Company, LLC, in California.

For the AD investigation, Commerce reported that the highest rate applied to the Vietnam-Wide Entity," a class that includes some companies that it said it did not provide complete responses group, "three other exporters qualified for a separate rate of 157%, a simple average of all the petition rates."

For the CVD investigation, Infinite Industrial Hanger Limited and Supreme Hanger Company Limited had final subsidy rates set at 90.42%, all other Vietnam producers/exporters 31.58%. DOC found that "all producers and exporters benefited from an export subsidy."

For both the AD and CVD findings, U.S. Customs and Border Protection will collect cash deposits equal to the applicable weighted-average dumping margins, and require cash deposits will be required in the AD proceeding equal to the calculated dumping margins reduced by 6.17%, the export subsidy rate, if the U.S. International Trade Commission (ITC) issues a final affirmative injury determination.

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedIn