US launches sunset review of AD measures against Vietnam wind towers
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 Vietnam.
Dumping occurs when a foreign company sells a product in the US at lower than the fair value of the product, said the DOC.
The DOC preliminarily determined that Vietnamese producers/exporters sold utility scale wind towers in the US at dumping margins of 52.67% to 59.91% (Photo moit.gov.vn) |
The DOC preliminarily determined that Vietnamese producers/exporters sold utility scale wind towers in the US at dumping margins of 52.67% to 59.91%.
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%. All other Vietnamese producers/exporters received a preliminary dumping margin of 59.91%.
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.