AD: Korea Diamond Sawblades and Parts Thereof
The International Trade Administration (ITA) has made a final affirmative antidumping (AD) duty determination that certain diamond sawblades and parts thereof from Korea are being, or are likely to be, sold in the U.S. at less than fair value.
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| Korea | Diamond Sawblades and Parts Thereof | A-580-855 |
|---|
Final affirmative critical circumstances finding for Shinhan and "All Others." The ITA finds that final critical circumstances exist with respect to imports of subject merchandise from Korea from Shinhan and the companies covered by the "All Others" rate. As a result, it will instruct U.S. Customs and Border Protection (CBP) to suspend liquidation of all unliquidated entries of merchandise produced and/or exported by Shinhan and the companies covered by the "All Others'' rate with a time of entry on or after September 30, 2005, which is 90 days before the date of publication of the AD preliminary determination.
Final negative critical circumstances finding for Ehwa and Hyosung. In addition, the ITA determined that final critical circumstances do not exist with regard to imports of subject merchandise from Korea by Ehwa and Hyosung. Therefore, it is directing CBP to suspend liquidation of all imports of subject merchandise with a time of entry on or after December 29, 2005, the date of publication of the preliminary AD determination.
Post bond or cash deposit at revised rates. The ITA is also instructing CBP to continue to require a cash deposit or the posting of a bond at the revised AD rates (equal to the weighted average margin) listed below, for entries with a time of entry on or after May 22, 2006.
| Liquidation Suspended | Post Bond/Cash Deposit |
|---|---|
| Company | AD Rate |
| Ehwa Diamond Industrial Co., Ltd. (Ehwa) | 12.76%(from 11.25%) |
| Shinhan Diamond Industrial Co., Ltd. (Shinhan) | 26.55%(from 11.25%) |
| Hyosung Diamond Industrial Co. (Hyosung) | 6.43%(from 6.15%) |
| All Others | 16.39%(from 10.56%) |
(See ITA notice for additional information, including the scope of the investigation (which is unchanged from the preliminary AD determination), scope rulings, etc. See ITT's Online Archives or 06/30/05 news and 12/30/05 news, 05063035 and 05123030, for BP summaries of the initiation and preliminary determination for this AD duty investigation, respectively.)
ITA Contact - Maisha Cryor (202) 482-5831
ITA Notice (FR Pub 05/22/06) available athttp://a257.g.akamaitech.net/7/257/2422/01jan20061800/edocket.access.gpo.gov/2006/pdf/E6-7771.pdf