Global Geopolitical Series: U.S. Commerce department announces final CVD on Fine Denier Polyester Staple Fiber from South Korea and Taiwan

Yesterday, the U.S. commerce department announced final anti-dumping duties on imports of fine denier polyester staple fiber from Taiwan, India, China, and Republic of Korea (South Korea). The department determined that exporters.

Determined dumping margins:

• China –  65.17 – 103.06 percent (imports - $61.4 million in 2017)
• India – 21.43 percent ($23.7 million)
• Korea – 0 - 45.23 percent ($11.9 million)
• Taiwan – 0 - 48.86 percent ($7.4 million)

 As a result of the decision, the department has asked the U.S. customs and border protection agency (CBP) to collect cash deposits from importers. The decision was made in response to the petition filed by DAK Americas LLC (NC), Nan Ya Plastics Corporation, America (SC), and Auriga Polymers Inc. (NC).

The U.S. International Trade Commission (ITC) is conducting national security investigations of imports of fine denier polyester staple fiber from China, India, Korea, and Taiwan, the result of which will be announced on or before July 9, 2018.