|08 Dec 2008||Initiation|
ANNOUNCED AS TEMPORARYNo
On August 28, 2009, the New Zealand Ministry of Economic Development decided, after having conducted a sunset review, to continue the anti-dumping duty on imports ofreinforcing steel bar and coil, with a diameter equal to or greater than 5mm and less than or equal to 40mm, from Thailand.
The products subject to the duty are classified under the following HS codes: 7213.1090, 7213.9190, 7213.9990, 7214.2090, 7214.9990, 7227.9000, 7228.3000, 7228.5000 and 7228.6000.
This duty follows a sunset review requested on December 8, 2008 by Pacific Steel (a division of Fletcher Steel Ltd). A review was then initiated by the New Zealand Ministry of Economic Development on March 2, 2009.
The original anti-dumping duty entered into force on March 4, 2004 and was scheduled to expire on March 5, 2009.
A reassessment of the amount of the anti-dumping duty was initiated on August 28, 2009 (on the day the sunset review was completed). On November 17, 2009, the New Zealand Minister of Commerce reassessed the rate of the anti-dumping duty imposed on imports of reinforcing steel bar and coil from Thailand. This reassessed duty entered into force on November 18, 2009. The amount of the duty is defined by the New Zealand Customs Instructions 'Reinforcing Steel Bar and Coil from Thailand' E/009/CS001/006 dated November 2009.
On May 19, 2014, with the Dumping and Countervailing Duties Amendment Act 2014, the New Zealand authorities decided to temporarily suspend the anti-dumping duties that are imposed onresidential building material for a period of three years, starting on June 1, 2014 (until May 31, 2017). During this period, no new anti-dumping duty may be imposed on any residential building material and the following existing anti-dumping duties are suspended: standard plasterboard from Thailand, reinforcing steel bar and coil from Thailand, wire nails from the People's Republic of China.
Hence, the above-mentioned duty imposed on August 28, 2009 is suspended.
On November 6, 2014, the New Zealand authorities decided to initiate a sunset review of the anti-dumping measure imposed on imports of reinforcing steel bar and coil originating in Thailand. This follows a request lodged on September 18, 2014 by Pacific Steel (NZ) Ltd.
Should the review find that the duty should remain in place, it will continue to be suspended until May 31, 2017. If the review finds that the continuation of the duty is not justified, the suspension of the duty does not prevent the Minister from terminating the duty with immediate effect.
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