U.S. Commerce Department Issues Final Subsidy Allegation

The sum of a range of subsidies for Chinese hardwood plywood producers is now 22.7% to 194.62%. Most of the large Chinese exporters will owe the 22.7% rate. For Sanfortune, the DOC made positive findings on new subsidies for urea (0.65%), formaldehyde (1.62%) and Ex-Im buyers' credits (10.54%). This increased the lowest CVD rate from 9.89% to 22.7%. For Bayley and Q&V non-responders, DOC found total new subsidies of 83.53% (urea, formaldehyde, Ex-Im buyers' credit rates as determined above, plus AFA findings for standing timber, cut timber, UF resin and export sellers' credit). This increases the total CVD rate for Bayley and Q&V non-responders to 194.62%.

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HWPW CVD Post-Prelim Memo (NSA).pdf250.36 KB
Walden-DeFazio Letter to the ITC on Hardwood Plywood Imports.pdf555.42 KB
Wyden-Capito Letter to the ITC on Hardwood Plywood.pdf471.87 KB