20
By John Wolz
editor@FastenerNews.com
Tariffs set on Chinese threaded rod
Mexico latest
The U.S. Department of Commerce announced its affirmative final determination
in the anti-dumping duty case on imports of steel threaded rod from China.
The Commerce Department determined that exporters/producers from China
battleground
have sold steel threaded rod in the U.S. at 55.16% to 206% below normal value.
Nine Chinese exporters who cooperated with the investigation received a separate
final dumping rate of 55.16%. Ningbo Yinzhou, who failed verification, and all other
for Chinese
exporters will receive the China-wide rate of 206%.
As a result of this final determination, Commerce will instruct U.S. Customs and
Border Protection to collect a cash deposit or bond based on the final rates.
fasteners
From 2007 to 2008, imports of steel threaded rod from China decreased nearly
18.8% by volume and were valued at US$85.3 million in 2008, according to the
Mexico has initiated its own anti-dumping
Commerce Department.
investigation against carbon steel nuts from China,
Products covered by this investigation includes “steel threaded rod, which is
becoming the latest nation to pursue trade remedies
certain threaded rod, bar, or studs, of carbon quality steel, having a solid, circular against the onslaught of fasteners from China.
cross section, of any diameter, in any straight length, that have been forged, turned, The EU recent applied anti-dumping tariffs. Canada is
cold-drawn, cold-rolled, machine straightened, or otherwise cold-finished, and into still conducting anti-dumping reinvestigation on Chinese
which threaded grooves have been applied. The probe looked at threaded rod that
fasteners and the U.S. recently applied tariffs on Chinese
was non-headed and threaded along greater than 25% of overall length.”
steel threaded rod.
Before the tariffs take effect, the U.S. International Trade Commission must make
The Mexican government said the period under
its final determination on the matter, which is scheduled to happen by April 8. If the
investigation is from October 1, 2007, to September 30,
ITC makes an affirmative determination that imports of steel threaded rod from China
2008, during which US$12 million worth of carbon steel
materially injure, or threaten material injury to, the domestic industry, Commerce will
nuts (Custom Tariff number: 7318.16.03 and 7318.16.04)
issue an anti-dumping order.
reportedly were imported from China.
PennEngineering settles
trademark case
PennEngineering & Manufacturing Corp. settled its lawsuit against Shanghai Jingyang Import & Export Co. Ltd. for alleged infringement of
certain patents and trademarks. Terms were not disclosed.
PennEngineering sued Jingyang and five other fastener manufacturers who exhibited at the 2007 National Industrial Fastener Show/West in Las
Vegas over allegations the companies were “exhibiting and offering for sale products which violate one or more of PennEngineering’s trademarks and
patents.”
The original complaint was filed on November 13, 2007, in the U.S. District Court in Nevada. PEM products named in the complaints include Types
PF11, PF12, PFC2P, PFHV, AC, AS, LAC, LAS, FH, SKC, and TPS.
“PennEngineering and Jingyang are confident that the agreement fully addresses each of the points outlined” in the suit, stated PennEngineering
president Mark Petty.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140