2025-01304NoticeWallet

Commerce fixes math on China magnesium import duties

Published Date: 1/21/2025

Notice

Summary

The U.S. Department of Commerce fixed some math mistakes in their review of pure magnesium imports from China for May 2022 to April 2023. This update affects Tianjin Magnesium Metal Co. and its partner, changing the final duty amounts they owe. These changes kick in starting January 21, 2025, and could impact how much money is collected from these imports.

Analyzed Economic Effects

4 provisions identified: 1 benefits, 2 costs, 1 mixed.

Cash Deposit Rates Effective Dec 13, 2024

Upon publication, cash deposit requirements apply to shipments entered or withdrawn for consumption on or after December 13, 2024. For MMC/TMI the amended cash deposit rate will equal the amended weighted-average dumping margin; exporters with prior separate rates keep their existing rates; exporters without a separate rate will face the China-wide rate, and non-Chinese exporters without a separate rate will take the rate of their Chinese supplier.

Certificate Requirement — Risk of Doubled Duties

This notice reminds importers of their obligation under 19 CFR 351.402(f) to file a certificate regarding reimbursement of antidumping duties prior to liquidation of the relevant entries in the period of review. Failure to file the required certificate could result in Commerce presuming reimbursement occurred and the assessment of doubled antidumping duties.

Tianjin Magnesium Duty Cut to 25.26%

Commerce amended the final dumping margin for Tianjin Magnesium International Co./Tianjin Magnesium Metal Co. (MMC/TMI) from 32.60% to 25.26% for the period May 1, 2022 through April 30, 2023. The amended results are applicable January 21, 2025 and will be the basis for assessing antidumping duties on covered entries.

Assessment & Liquidation Timing Rules

Commerce will instruct U.S. Customs and Border Protection (CBP) to assess antidumping duties based on the amended final results and to calculate importer-specific ad valorem or per-unit assessment rates as described in 19 CFR 351.212(b)(1). Commerce intends to issue assessment instructions no earlier than 35 days after publication, and if a timely summons is filed, CBP will be directed not to liquidate relevant entries until the statutory injunction period (within 90 days of publication) has expired.

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Key Dates

Published Date
1/21/2025

Department and Agencies

Department
Independent Agency
Agency
Commerce Department
International Trade Administration
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