On October 15, 2024, the U.S. Department of Commerce issued its final results concerning the administrative review of anti-dumping duties on carbon and alloy steel threaded rods imported from India. The review covered the period from April 1, 2022, to March 31, 2023. It was determined that these products were sold in the U.S. at prices below normal value, prompting the continuation of anti-dumping measures to protect domestic manufacturers.
The review involved 29 companies, but two key respondents, Mangal Steel Enterprises Limited and Shree Luxmi Fasteners/The Emerging Impex, were selected for individual examination. The findings revealed that Mangal had a weighted-average dumping margin of 0.00%, while SLF/TEI faced a margin of 10.94%. In addition, this margin was applied to other companies not selected for individual review, indicating a broader impact on the Indian steel industry.
In the lead-up to these final results, the Department of Commerce published preliminary results on May 6, 2024, inviting comments from interested parties. U.S. importer Sigma Piping Products (2019), LLC, submitted a case brief, while Vulcan Threaded Products, Inc. provided a rebuttal. These discussions reflected the competitive dynamics and concerns over pricing within the U.S. threaded rod market.
The decision to maintain anti-dumping duties is crucial for protecting U.S. manufacturers who argue that dumped imports from India undercut local prices and threaten their market viability. The cast iron and alloy steel threaded rod market is essential for various sectors, including construction and manufacturing, making it a focal point for trade enforcement efforts.
In total, the review resulted in the rescission of the administrative process for 83 companies due to the absence of reviewable entries during the specified period. This underscores the importance of compliance and monitoring for international exporters as they navigate U.S. trade regulations.
The U.S. trade policies in this area are guided by the Tariff Act of 1930, which empowers the government to impose duties on imported goods that are deemed to be sold at unfairly low prices. This recent ruling highlights the ongoing scrutiny of trade practices and the U.S. commitment to supporting its domestic manufacturing base against international competition.
