DOC Levies 143% Dumping Rate On Wire Decking

Law360, New York (June 4, 2010, 6:31 PM EDT) -- Chinese exporters and producers have dumped wire decking into U.S. markets at up to 143 percent below normal value and received countervailable subsidies of up to 437 percent, the U.S. Department of Commerce said Friday.

The numbers are the final results of a year-long investigation into anti-dumping and countervailing duties in the multimillion-dollar wire decking industry, Commerce said.

The anti-dumping duty is roughly half of Commerce's initial determination, while the countervailing duty remains largely unchanged from the department's earlier finding.

According to the agency, wire decking...
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