US DOC cuts dumping rate on stainless bar to zero

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Publish time: 17th April, 2013      Source: ChinaCCM
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The US Department of Commerce (DOC) launched its final results for its administrative review of antidumping order on the Brazilian stainless steel bars.

It's known that the a Brazilian company Villares Metals S.A. got involved in this case, covering the period from February 1st, 2011 through January 31st, 2012.

The US DOC determined a final dumping margin of 0.00 percent for Villares Metals, in comparison of the previous dumping duty rate of 4.07%.

Meanwhile, the dumping margin of 0.00 percent becomes effective April 15st, 2013.

The DOC will send instruction to the US Customs and Border Protection to liquidate imports entered into the US during the review period.