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.
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 into utility scale wind towers imported from a number of countries, including Vietnam.
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%.
Dumping occurs when a foreign company sells a product in the US at lower than the fair value of the product, said the DOC.
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| 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.
