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DOC launches sunset review of anti-dumping measure on Việt Nam wind towers
Vietnam News - 1/9/2018 10:13:24 AM
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The US Department of Commerce (DOC) has just published a paper announcing the initiation of a sunset review of the anti-dumping measures applicable to utility scale wind towers imported from Việt Nam.
 
The DOC also noted that the relevant parties interested in participating in the review should submit a letter of inquiry, pursuant to Section 19 CFR 351.103 (d) within 10 days of the date of publication of the investigation.
 
Dumping occurs when a foreign company sells a product in the US at lower than the fair value of the product, said the DOC.
 
On January 18, 2012, the DOC initiated an anti-dumping investigation for utility scale wind towers imported from a number of countries, including Việt Nam.
 
The DOC preliminarily determined that Vietnamese producers/exporters sold utility scale wind towers in the US at dumping margins of 52.67 per cent to 59.91 per cent.
 
In the investigation, mandatory respondent, CS Wind Corporation and CS Wind Vietnam Co. Ltd. (collectively, “CS Wind Group”) received a preliminary dumping margin of 52.67 per cent. All other Vietnamese producers/exporters received a preliminary dumping margin of 59.91 per cent.
 
The petitioner for these investigations is the Wind Tower Trade Coalition. The Wind Tower Trade Coalition includes 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 DOC conducts an administrative assessment to review and adjust the applied tax every year. — VNS
 
Read original article here
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