The Canada Border Services Agency (CBSA) has concluded its normal value review to determine normal values and export prices applicable to certain carbon steel fasteners exported from Taiwan, Penghu, Kinmen and Matsu (Chinese Taipei) by Honor Best Co., Ltd.
The review follows a request for re‑determination filed by an importer, and is part of the CBSA’s enforcement of the Canadian International Trade Tribunal’s (CITT) order issued on Sept. 2, 2020 in Expiry Review No. RR‑2019‑002, respecting the dumping of fasteners originating in or exported from China and Chinese Taipei, and the subsidizing of such goods originating in or exported from China, excluding fasteners specifically designed for application in the automotive or aerospace industry, in accordance with the Special Import Measures Act (SIMA).
Period of investigation
The Period of Investigation (POI) was from Oct. 1, 2020, to Sept. 30, 2021, and the Profitability Analysis Period (PAP) was Oct. 1, 2020, to Sept. 30, 2021.
The review process
On Nov. 4, 2021, the CBSA send Requests for Information (RFIs) to solicit information to re-determine the normal values and export prices applicable to the goods subject to the request. Responses to the CBSA’s RFIs were received from Honor Best and an importer.
The normal values for future shipments
The CBSA concluded that Honor Best did not have any domestic sales of like goods during the PAP to determine the normal value. Honor Best did provide sufficient information to determine normal values in accordance with SIMA, however, the CBSA was unable to determine an amount for profits under the Special Import Measures Regulations.
Therefore, specific normal values were determined based on the aggregate costs of producing those goods, a reasonable amount for administrative, selling and all other costs, and a reasonable amount for profits.
These specific normal values for future shipments are effective as of June 9, 2022.
For the subject goods exported by Honor Best to Canada, export prices are determined with section 24 of SIMA.
The CBSA stated that the normal values and export prices determined as a result of the review may be applied to any requests for re‑determination of importations of subject goods that have not been processed before the conclusion of the review, regardless of the date that the requests were received, and that the normal values and export prices determined as a result of this review may be applied retroactively where certain export and import conditions are met.
Which products are affected?
The full list of products included in the CITT’s findings can be found in Appendix 1 of the reportThey include wood screws, square and hex lag screws, sheet metal/tapping screws, thread forming screws, thread cutting screws, thread rolling screws, self-drilling tapping screws, machine screws, and flange screws.
The CITT findings exclude certain screw types, as well as fasteners specifically designed for application in the automotive or aerospace industry. If you’re unsure, you can check the Appendix to verify product names, dimensions, patent numbers, and tariff numbers.
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