Search Results for keywords:"BGH Edelstahl Siegen GmbH"

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Search Results: keywords:"BGH Edelstahl Siegen GmbH"

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  • 2024-31587 — Forged Steel Fluid End Blocks From Germany: Notice of Court Decision Not in Harmony With the Final Determination of Countervailing Duty Investigation; Notice of Amended Final Determination and Amended Countervailing Duty Order
    Type:Notice
    Citation:90 FR 305
    Reading Time:about 11 minutes

    The U.S. Court of International Trade (CIT) finalized its judgment on December 26, 2024, regarding a countervailing duty investigation of Forged Steel Fluid End Blocks from Germany. This decision was not aligned with the U.S. Department of Commerce's original stance. As a result, the Department of Commerce is updating its previous findings and the associated countervailing duty order, leading to a revision of subsidy rates for certain German companies, including BGH Edelstahl Siegen GmbH and others. Affected subsidy rates and cash deposit instructions will be revised accordingly.

    Simple Explanation

    The court said the U.S. government had to change its mind about extra taxes on some special metal blocks from Germany because they made a mistake. Now, the government will fix the amount of extra money these German companies have to pay.

  • 2024-30065 — Forged Steel Fluid End Blocks From Germany: Preliminary Results and Rescission, In Part of Countervailing Duty Administrative Review; 2023
    Type:Notice
    Citation:89 FR 103780
    Reading Time:about 9 minutes

    The U.S. Department of Commerce has released preliminary findings that BGH Edelstahl Siegen GmbH from Germany received subsidies that can be countervailed on forged steel fluid end blocks from January 1, 2023, through December 31, 2023. The review of another company, Schmiedewerke Gräditz GmbH (SWG), has been partially rescinded because they had no entries of relevant products during this period. The department welcomes public comments on these preliminary results and plans to disclose the analysis to interested parties. The final determination will also establish future cash deposit requirements for countervailing duties.

    Simple Explanation

    The U.S. government found that a company in Germany got some unfair financial help (like a special allowance) to make steel blocks, and they're checking if this needs special taxes; they also found a different company didn't sell any of these blocks during the year, so they're not looking at them anymore.