Accordingly, Vietnamese producers and exporters will receive anti subsidy countervailing duties (CVD) ranging from 11.03 to 21.25 percent on their steel garment hangers.
For instance, Haminco companies and Cao Quy companies will be imposed CVD of 21.25 and 11.03 percent respectively. All other Vietnamese producers and exporters will receive CVD of 16.14 percent.
Petitioners including the US producers M&B Metal Products Co Inc, Innovative Fabrication LLC/Indy Hanger, and US Hanger Co LLC. lodged their anti-dumping and anti-subsidy complaints on Vietnamese steel garment hangers at DOC and the US International Trade Commission (ITC) on December 29, 2011. DOC decided to conduct its investigation into the products on January 18, 2012.
DOC will announce its final decision on October 9, 2012.
If DOC and ITC confirm that Vietnam’s subsidized steel garment hangers have caused significant damages to the domestic industry, CVD will be imposed as from November 30, 2012.
Clothes hangers imported from Vietnam were estimated at US$31.9 million in 2011, US$28.9 million in 2010 and US$19.5 million in 2009.
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