U.S. Sunset Ruling on China Raw Flexible Magnets
[2013-12-26 10:07:04]
On December 23, U.S. Commerce Department made an expedited sunset-review ruling on the raw flexible magnets from China and Chinese Taiwan that, if the U.S. antidumping duties are canceled, the injury would continue or reoccur at the rates below:
1. Chinese company under a separate duty rate: Guangzhou Newlife Magnet Electricity Co., Ltd. by 105.00%;
2. Mainland Chinese general rate: 185.28%
The rulings for Chinese Taiwan firms:
1. Kin Fong Magnets Co., Ltd: 38.03%;
2. Magruba Flexible Magnets Co., Ltd: 38.03%;
3. JASDI Magnet Co., Ltd: 38.03%;
4. Taiwanese general rate: 31.20%
On August 1, the U.S. authority launched the antidumping sunset review under HS Codes 8505191000 and 8505192000.
Source: ETCN
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