As a result of this decisions, USDC will instruct US Customs and Border Protection (USCBP) to collect cash deposits from importers of low melt PSF from South Korea and Taiwan based on the final rates, as appropriate.
In 2017, US imports of low melt PSF from South Korea and Taiwan were valued at an estimated $75.5 million and $26.9 million, respectively.
The petitions were filed by Nan Ya Plastics Corporation, America (SC).
Meanwhile, the US International Trade Commission (ITC) is conducting investigations to determine whether or not the domestic industry is materially injured, or threatened with material injury, by imports of low melt PSF from Korea and Taiwan. The ITC is currently scheduled to make its final injury determinations on or before August 1, 2018.
If the ITC makes affirmative final injury determinations, USDC will issue AD orders. If the ITC makes negative final determinations of injury, the investigations will be terminated, and no orders will be issued. (RKS)
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