Commerce Must Revalue Chinese Ball Bearings, CIT Says

Law360, Los Angeles (January 15, 2014, 9:57 PM EST) -- A U.S. Court of International Trade judge on Wednesday remanded a decision by the U.S. Department of Commerce to set prices for steel bars used in the production of ball bearings, finding that the agency didn’t meet its requirement to prove it had used the “best available information.”

The Commerce Department switched from market-economy prices for the cost of production of steel bars used in making ball bearings to India-indexed prices, which were much higher, according to the decision. Chinese importer Changshan Peer Bearing Co. contended...
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