Search Results for keywords:"2022"

The U.S. Department of Commerce (Commerce) completed its final review of countervailing duties on stainless steel sheet and strip in coils from the Republic of Korea for the year 2022. They determined that some Korean producers and exporters received government subsidies, which are unfair benefits. Part of the review was canceled for Samsung STS Co., Ltd., as they had no relevant shipments during that period. Commerce found no changes needed in its initial calculations and will instruct U.S. customs to collect duties based on these conclusions starting April 16, 2025.

The U.S. Department of Commerce has found that producers of multilayered wood flooring in China are receiving subsidies, which are covered by a countervailing duty order first issued in 2011. This review primarily covers the year 2022. Some companies are being partially rescinded from this review due to lack of entries, while others are facing different countervailing duty rates, especially those that did not respond to the Department's requests for information. Interested parties are invited to provide comments and the final results are expected to be announced within 120 days of this preliminary announcement.

The U.S. Department of Commerce has announced the final results of an administrative review concerning countervailing duties on oil country tubular goods (OCTG) from Korea, specifically for the SeAH Steel Companies. They found that no countervailable subsidies were provided to these companies during the review period from September 29, 2022, to December 31, 2022. As a result, there will be no countervailing duties assessed, and no cash deposits will be required for future imports of these goods from the SeAH Steel Companies. These final results are effective as of February 21, 2025.

The U.S. Department of Commerce has released the final results of its review regarding subsidies given to Tianjin Hweschun Fasteners Manufacturing Co., Ltd., a company in China that exports steel staples. Commerce found that these subsidies, which were available during 2022, could impact the pricing and competitiveness of these goods entering the U.S. Customs and Border Protection will assess duties on these imports at rates determined by Commerce, and these duties will include additional cash deposit requirements for future imports. The decision and supporting details are public and available through their online systems.

The U.S. Department of Commerce has released preliminary findings indicating that producers and exporters of chlorinated isocyanurates from China received government subsidies during 2022. The review highlights that ten companies had no entries of these products in the U.S. during the review period and, as a result, the review of these companies has been partially rescinded. The Department of Commerce invites interested parties to comment on these preliminary results and to submit case briefs, with a final decision expected within 120 days. These results will determine the countervailing duties imposed to offset the subsidies.

The U.S. Department of Commerce has finalized its review and confirmed that Indian producers and exporters of stainless steel flanges benefited from government subsidies during 2022. As a result, these producers will face countervailing duties, which are tariffs imposed to counteract these subsidies. The Department will instruct U.S. Customs and Border Protection to collect these duties on merchandise entering the U.S. after the review's publication date. These decisions follow their preliminary findings, as there were no objections from interested parties.