Commerce slaps massive duty on China’s Tianjin Magnesium
Dec 11, 2009 | 08:11 AM
| Tom Jennemann
The U.S. Commerce Department has set an anti-dumping duty of 111.73 percent on magnesium from Chinese exporter Tianjin Magnesium International Co. Ltd. (TMI).
TMI's suppliers not only failed to adequately cooperate with governmental verification efforts but even took steps to purposely mislead investigators, according to the ruling.
The Commerce report said that TMI's suppliers lacked documentation of payment, had discrepancies in record keeping and altered requested documents. In one instance, Commerce said, a TMI supplier threw accounting records out of an office window while an inspector was locked outside the office. The name of the TMI supplier was redacted from the final report.
"The department official at the window saw (accounting) voucher books being tossed out of the window of the accounting office suite, and alerted the other department officer," said a report from a site visit on June 14, 2009. ....
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