On June 28, 2017, The Timken Company filed a petition for the imposition of antidumping duties on imports of Certain Tapered Roller Bearings from the Republic of Korea.
South Korea
Petition Summary: Low Melt Polyester Staple Fiber From Korea and Taiwan
On June 26, 2017, Nan Ya Plastics Corporation, America filed a petition for the imposition of antidumping duties on imports of Low Melt Polyester Staple Fiber from the Republic of Korea and Taiwan.
SCOPE OF THE INVESTIGATION
The merchandise subject to this proceeding is synthetic staple fibers, not carded or combed, specifically bi-component polyester fibers having a polyester fiber component that melts at a lower temperature than the other polyester fiber component, used for bonding fibers together (“low melt PSF”). The scope includes bi-component polyester staple fibers of any denier or cut length. The subject merchandise may be coated, usually with a finish or dye, or not coated.
Petition Summary: Fine Denier Polyester Staple Fiber from China, India, Korea, Taiwan, and Vietnam
On May 31, 2017, Petitioners DAK Americas LLC, Nan Ya Plastics Corporation, America, and Auriga polymers Inc. filed a petition for the imposition of antidumping duties and countervailing duties on imports of Fine Denier Polyester Staple Fiber from China, India, Korea, Taiwan, and Vietnam.
Petition Summary: Certain Cold-Drawn Mechanical Tubing Of Carbon And Alloy Steel From China, Germany, India, Italy, Korea, And Switzerland
On April 19, 2017, Petitioners ArcelorMittal Tubular Products, Michigan Seamless Tube, LLC, PTC Alliance Corp., Webco Industries, Inc., and Zekelman Industries, Inc. filed a petition for the imposition of antidumping duties and countervailing duties on imports of Certain Cold-Drawn Mechanical Tubing of Carbon and Alloy Steel from China, Germany, India, Italy, Korea, and Switzerland.
President Trump Issues Two New Executive Orders On Trade
On March 31, 2017, President Trump signed two Executive Orders (EO) aimed at the enforcement of the collection of antidumping and countervailing duties for unfair trade practices and at the evaluation of significant trade deficits with U.S. trading partners. These EOs are a clear indication that trade, as promised throughout the campaign, will continue to be a top priority of the Trump presidency.
Petition Summary: Carbon and Alloy Steel Wire Rod from Belarus, Italy, Korea, Russia, South Africa, Spain, Turkey, Ukraine, the UAE and the UK
On March 28, 2017, Petitioners Charter Steel, Gerdau Ameristeel US Inc., Keystone Consolidated Industries, Inc., and Nucor Corporation filed a petition for the imposition of antidumping duties and countervailing duties on imports of Carbon and Alloy Steel Wire Rod from Belarus, Italy, the Republic of Korea, the Russian Federation, the Republic of South Africa, Spain, Turkey, Ukraine, United Arab Emirates, and the United Kingdom.
SCOPE OF THE INVESTIGATION
The merchandise covered by these investigations are certain hot-rolled products of carbon steel and alloy steel, in coils, of approximately round cross section, less than 19.00 mm in actual solid cross-sectional diameter. Specifically excluded are steel products possessing the above-noted physical characteristics and meeting the Harmonized Tariff Schedule of the United States (HTSUS) definitions for (a) stainless steel; (b) tool steel; (c) high-nickel steel; (d) ball bearing steel; or (e) concrete reinforcing bars and rods. Also excluded are free cutting steel (also known as free machining steel) products (i.e., products that contain by weight one or more of the following elements: 0.1 percent or more of lead, 0.05 percent or more of bismuth, 0.08 percent or more of sulfur, more than 0.04 percent of phosphorous, more than 0.05 percent of selenium, or more than 0.01 percent of tellurium). All products meeting the physical description of subject merchandise that are not specifically excluded are included in this scope.
Hanjin Bankruptcy Filings Impact Importers, Exporters and Intermediaries
On August 31, 2016, Hanjin Shipping Co. filed for bankruptcy protection in South Korea. Two days later, Hanjin filed in U.S. Bankruptcy Court for the District of New Jersey for Chapter 15, which provides a mechanism in the U.S. for resolving problems that arise in cross-border bankruptcies. Three out of four U.S. shippers reportedly have…