On-line industry magazine Furniture Today is reporting that
the U.S. Department of Commerce will postpone
issuing final duty rates on Chinese-made hardwood and decorative plywood until
September.
The federal agency made the decision following requests of
producers which DOC has reports account for a significant proportion of the hardwood
industry primarily in the cabinetry and shelving sectors and in recreational
vehicles including boats and hardwood furniture.
Xuzhou Jiangyang Wood
Inds. Co., Xuzhou Jiangheng Wood Products Co. and Linyi San Fortune Wood Co.
made the request.
A 2012 International Trade Commission investigation found that U.S. producers were being materially
injured by unfair pricing tactics of Chinese hardwood and decorative plywood
producers which led to the imposition of the duties.
DOC announced preliminary duties earlier this year and those
duties will be finalized in early September. The duties are imposed on
manufacturers, but paid by importers of record of the hardwood and decorative
plywood.
If Commerce makes an affirmative final determination, and the
U.S. International Trade Commission (ITC) makes an affirmative final
determination that imports of hardwood and decorative plywood from China
materially injure, or threaten material injury to, the domestic industry,
Commerce will issue an antidumping duty
order.
In 2012, imports of hardwood and decorative plywood from
China were at an estimated 747.9 million U.S. dollars, according to the
Commerce Department.
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