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Tuesday, 31 July 2012

U.S. LEVIES WIND TOWER TARIFF ON CHINA, VIETNAM

Posted on 05:48 by Unknown
Commerce Preliminarily Finds Dumping of Imports of Utility Scale Wind Towers from the People’s Republic of China and the Socialist Republic of Vietnam

July 27, 2012 (International Trade Administration)

“…[T]he Department of Commerce (Commerce) announced its affirmative preliminary determinations in the antidumping duty (AD) investigations of imports of utility scale wind towers from the People’s Republic of China (China) and the Socialist Republic of Vietnam (Vietnam)…[D]umping occurs when a foreign company sells a product in the United States at less than fair value.

“…Commerce preliminarily determined…[in] the China investigation… Chengxi Shipyard Co., Ltd. and Titan Wind Energy (Suzhou) Co., Ltd. received preliminary dumping margins of 30.93 percent and 20.85 percent…Three other exporters qualified for a separate rate of 26.25 percent. All other Chinese producers/exporters received a preliminary dumping margin of 72.69 percent…In the Vietnam investigation, mandatory respondent, CS Wind Corporation and CS Wind Vietnam Co. Ltd….received a preliminary dumping margin of 52.67 percent. All other Vietnamese producers/exporters received a preliminary dumping margin of 59.91 percent."

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“…Commerce will instruct U.S. Customs and Border Protection (CBP) to require a cash deposit based on these preliminary rates…[For investigations] filed on or after November 2, 2011, Commerce requires importers to post cash deposits rather than bonds to cover estimated duties. [Commerce is currently scheduled to make its final determination for China and Vietnam in December 2012…[T]he U.S. International Trade Commission (ITC) will make its final injury determinations in the China and Vietnam investigations in February 2013]…

“…The petitioner for these investigations is the Wind Tower Trade Coalition. The Wind Tower Trade Coalition is comprised of the following member companies: Broadwind Towers, Inc. (Manitowoc, WI); DMI Industries (Fargo, ND); Katana Summit LLC (Columbus, NE); and Trinity Structural Towers, Inc. (Dallas, TX)… The merchandise covered by these investigations is utility scale wind towers which are the steel towers that support the nacelle…”

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