On November 13th, the United States Department of Commerce (DOC) announced final determinations of the anti-dumping and countervailing investigations of hardwood plywood imports from the People’s Republic of China.
Merchandise subject to investigations included:
- Hardwood and decorative plywood;
- Certain veneered panels:
- Defined as flat, multi-layered plywood consisting of 2 or more layers or piles of wood veneers and a core.
The DOC found dumping had occurred at a margin of 183.36 percent.
Summary of final determinations:
- Mandatory respondents of this case have received a dumping rate of 36 percent;
- As did eligible non-selected respondents
- All other producers in China have received the same rate as part of the China-wide entity
- Mandatory respondents of this case have received a final subsidy rate of 98 and 194.9 percent;
- 61 companies failed to respond to a quantity and value questionnaire;
- resulting in a subsidy rate of 9 percent
- All other producers in China received subsidies of 98 percent.
Commerce will instruct U.S. Customs and Border Patrol to collect cash deposits to equal the final weighted average dumping rates. If the U.S. International Trade Commission (ITC) determines that the domestic hardwood plywood industry is injured, Commerce will instruct Customs to continue the collection of cash deposits until equal to the applied rates. If the ITC makes negative determinations of injury to domestic industry, investigations will be terminated.
Commerce currently maintains 412 AD and CVD orders which provide relief to American companies and industries impacted by unfair trade.
For more information on this case, contact Rex Sherman, Vice President, LAX Branch Manager, CHB, at [email protected].
