The Commerce Department has determined that Chinese hardwood plywood is being dumped on the U.S. market at less than fair value.
The U.S. Department of Commerce has determined that Chinese hardwood plywood is being dumped on the U.S. market at less than fair value.
The department has specifically found that Chinese exporters sold hardwood plywood in the United States at 0 percent to 114.72 percent less than fair value.
Commerce has now instructed Customs and Border Protection to collect cash deposits from importers of hardwood plywood based on these final rates.
The Coalition for Fair Trade in Hardwood Plywood petitioned Commerce to conduct the investigation. The group’s members include Columbia Forest Products, Greensboro, N.C.; Commonwealth Plywood, Whitehall, N.Y.; Murphy Plywood, Eugene, Ore.; Roseburg Forest Products Co., Roseburg, Ore.; States Industries, Eugene, Ore.; and Timber Products Co., Springfield, Ore.
According to Commerce, imports of hardwood plywood in 2016 were estimated to be worth $1.12 billion.
Commerce is currently scheduled to issue its final antidumping determination on Aug. 31, unless the statutory deadline is extended.
The U.S. International Trade Commissions is conducting a parallel investigation to determine if the American producers have been harmed by these Chinese hardwood plywood imports. If the ITC makes an affirmative final injury determination, Commerce will issue an antidumping order. If the ITC does not find that U.S. producers have been harmed, then the investigations will end, and no duties will be collected.
Commerce finds dumping of Chinese plywood
