1.
On 07/18/2016, Commerce published in the Federal Register its preliminary affirmative determination and alignment of its final determination in the countervailing duty investigation of stainless steel sheet and strip from the People's Republic of China from 09/26/2016 until no later than 11/23/2016, thereby aligning it with the due date for the final determination in the antidumping duty investigation of stainless steel sheet and strip from the People's Republic of China (81 FR 46643).
2.
The products covered by this investigation are described in message 6081316 dated 03/21/2016.
3.
This investigation has been assigned investigation number C-570-043.
4.
Because Commerce separately determined that critical circumstances exist for imports of stainless steel sheet and strip from the People's Republic of China from the producers and/or exporters listed below (81 FR 41519, 06/27/2016), CBP shall suspend liquidation of all appropriate entries of stainless steel sheet and strip from the People's Republic of China that are entered, or withdrawn from warehouse, for consumption on or after 04/19/2016 which is 90 days before the date of publication of the preliminary determination in the Federal Register.
Effective 04/19/2016, for entries of stainless steel sheet and strip from the People's Republic of China from the producers and/or exporters listed below, CBP shall require a cash deposit equal to the following subsidy rates:
All Others
Case number: C-570-043-000
Subsidy rate:
57.30%
Producer and/or Exporter:
Shanxi Taigang Stainless Steel Co. Ltd.
Case number: C-570-043-001
Subsidy rate:
57.30%
Note:
This rate also applies to the following companies:
Tianjin TISCO & TPCO Stainless Steel Co., Ltd., Shanxi Taigang Stainless Steel Precision Strip Co., Ltd., Taigang (Group) International Economic and Trade Co., Ltd., Shanxi Taigang Wanbang Furnace Burden Co., Ltd., and TISCO Metal Recycle Co., Ltd., TISCO Mining Branch Company and Taiyuan Iron and Steel Group Co., Ltd.
Producer and/or Exporter:
Ningbo Baoxin Stainless Steel Co., Ltd.
Case number: C-570-043-002
Subsidy rate:
193.12%
Note:
This rate also applies to the following companies:
Baosteel Stainless Steel Co., Ltd, Baoshan Iron & Steel Co., Ltd., Baosteel Desheng Stainless Steel Co., Ltd., Baosteel Co., Ltd., Bayi Iron & Steel Co., Ltd., Ningbo Iron & Steel Co., Ltd., Shaoguan Iron & Steel Co., Ltd., Guangdong Shaoguan Iron & Steel Co., Ltd., and Zhanjiang Iron & Steel Co., Ltd.
Producer and/or Exporter:
Daming International Import Export Co Ltd.
Case number: C-570-043-003
Subsidy rate:
193.12%
Note:
This rate also applies to the following company:
Tianjin Taigang Daming Metal Product Co., Ltd.
5.
In accordance with T.D. 85-145, at the discretion of CBP, CBP officers may accept either a single–entry basic importation and entry bond or a continuous basic importation and entry bond only if the amount of the estimated antidumping duty is less than five percent ad valorem (or the equivalent).
Otherwise, where the importer has the option to post a bond for estimated antidumping duties, CBP officers must require a single-entry basic importation and entry bond pursuant to T.D. 85-145.
You are instructed to adhere to the requirements of T.D. 85-145 with respect to these bonding requirements.
6.
If there are any questions by the importing public regarding this message, please contact the Call Center for the Office of AD/CVD Operations, Enforcement and Compliance, International Trade Administration, U.S. Department of Commerce at (202) 482-0984.
CBP ports should submit their inquiries through authorized CBP channels only.
(This message was generated by OVII:EH.)
7.
There are no restrictions on the release of this information.
Alexander Amdur