AD Margin for China Threaded Steel Rod to Drop Following CIT Remand

In response to a Court of International Trade remand on the final results of the antidumping duty investigation of certain steel threaded rod from China, the International Trade Administration reconsidered the exclusion of financial data for an Indian pre-stressed concrete wire products manufacturer from the normal value calculation, conceding that the Indian firm did make “comparable merchandise.” With the resulting altered normal value, the dumping margin declined from 55.16% to 47.37% for Chinese producer/exporters Jiaxing Brother Fastener Co., Ltd, a.k.a. Brother Standard Parts Co., Ltd., IFI & Morgan Ltd., and RMB Fasteners Ltd. (Slip Op. 11-44, dated 04/21/11)