The U.S. Department of Commerce. qingwa/Adobe Stock
The Department of Commerce handed down an affirmative preliminary determination in its countervailing duty investigation of steel wheel imports from China.
In the preliminary determination, the Department of Commerce said the imports benefited from countervailable subsidies ranging from 58.75% to 172.51%.
Imports of steel wheels from China in 2017 were valued at $388 million, according to the department.
The petitioners in the case were Accuride Corporation (of Evansville, Indiana) and Maxion Wheels Akron LLC (Akron, Ohio).
The Department of Commerce is scheduled to make a final determination in the case by Jan. 9, 2019. If it rules in the affirmative again, the case would move to the U.S. International Trade Commission, which would then make a determination by Feb. 21, 2019.
According to the department’s fact sheet for the investigation, it assigned:
- A preliminary subsidy rate of 58.75% for mandatory respondent Xiamen Sunrise Wheel Group Co., Ltd.
- A preliminary subsidy rate of 172.51% for mandatory respondent Zhejiang Jingu Company Limited and Shanghai Yata Industry Company Limited “based on total adverse facts” available
- A preliminary subsidy rate for all other Chinese producers and exporters of 58.75%
The scope of the products covered by the investigation includes “certain on-the-road steel wheels, discs, and rims for tubeless tires, with a nominal rim diameter of 22.5 inches and 24.5 inches, regardless of width.”