US DOC announced preliminary CVD rates for Turkish rebar imports
The US Department of Commerce (DOC) today announced its affirmative preliminary determination in the countervailing duty (CVD) investigation of rebar imports from Turkey.
The DOC calculated a preliminary subsidy rate of 3.47 percent for the mandatory respondent Habas and “all others,” although there are currently no Turkish rebar producers or exporters subject to it because the ongoing investigation only covers companies that were excluded from the 2014 CVD order against Turkish rebar. At the time of that order, which established a 1.25 percent CVD duty, Habas was the only excluded producer. As a result of the preliminary affirmative determination, the DOC will instruct US Customs and Border Protection to require cash deposits based on this preliminary rate.
The DOC is scheduled to announce its final CVD determination on or about May 16, 2017, unless the statutory deadline is extended. The preliminary results in the AD investigation against rebar imports from Turkey, Taiwan and Japan are due February 27.
The petitioners in the case are the Rebar Trade Action Coalition and its individual members: Byer Steel Group, Inc., Commercial Metals Company, Gerdau Long Steel North America, Nucor, and Steel Dynamics, Inc.
The subject merchandise is classifiable in the Harmonized Tariff Schedule of the United States (HTSUS) primarily under item numbers 7213.10.0000, 7214.20.0000, and 7228.30.8010. The subject merchandise may also enter under other HTSUS numbers including 7215.90.1000, 7215.90.5000, 7221.00.0017, 7221.00.0018, 7221.00.0030, 7221.00.0045, 7222.11.0001, 7222.11.0057, 7222.11.0059, 7222.30.0001, 7227.20.0080, 7227.90.6030, 7227.90.6035, 7227.90.6040, 7228.20.1000, and 7228.60.6000.