The U.S. Department of Commerce (DOC) has released the preliminary results of an administrative review of the Anti-dumping Duties (AD) order on certain corrosion-resistant steel products (CORE) from Taiwan for the period from July 1, 2024 to June 30, 2025.
The Commission has previously determined that Prosperity Tieh Enterprises Co., Ltd. (Prosperity) and Sheng Yu Steel Co., Ltd. (Sheng Yu), two mandatory respondents, have sold consider goods at a lower than usual price during the verification period. The Commission has previously set a weighted average dumping margin of 3.54 percent for Prosperity and 20.73 percent for Sheng Yu.
The interest rate based on the results of the audit for the company that failed the audit, Great Grandeul Steel Company Limited (Samoa), is 5,92%.
The Ministry of Justice is also canceling the inspection of six companies, namely China Steel Corporation., Chung Hung Steel Corporation, Great Fortune Steel Co., Ltd., Great Grandeul Steel Co., Ltd., Great Grandeul Steel Corporation and Xxentria Technology Materials Company Ltd. suspended the supply of relevant goods from these companies during the inspection period, as they were not subject to inspection.
The figure for all others is 11.04 percent.
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