Search Results for keywords:"subsidy rates"

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Search Results: keywords:"subsidy rates"

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  • 2021-01637 — Certain Cold-Rolled Steel Flat Products From the Republic of Korea: Preliminary Results of Countervailing Duty Administrative Review; 2018
    Type:Notice
    Citation:86 FR 7063
    Reading Time:about 8 minutes

    The U.S. Department of Commerce has preliminarily determined that producers and exporters of cold-rolled steel from South Korea received financial subsidies during 2018 that are subject to countervailing duties. This review focuses on the subsidy rates for specific companies and aims to determine the appropriate duties to impose on these imports to address unfair pricing practices. Interested parties can submit comments or request a hearing, and the final results of the review are expected within 120 days after the preliminary results are published.

    Simple Explanation

    The U.S. Department of Commerce checked cold-rolled steel from South Korea in 2018 and thinks some companies got unfair help with money, so they might have to pay extra fees when they sell their steel here. People can tell the department if they have something to say about this before they make their final decision.

  • 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.

  • 2021-03395 — Forged Steel Fluid End Blocks From the People's Republic of China, the Federal Republic of Germany, India, and Italy: Correction to Countervailing Duty Orders
    Type:Notice
    Citation:86 FR 10244
    Reading Time:about 5 minutes

    The Department of Commerce is making corrections to the countervailing duty orders for forged steel fluid end blocks from China, Germany, India, and Italy. These corrections include adding the names of certain cross-owned companies that were mistakenly left out. The Department will enforce suspension of liquidation and require cash deposits for these products based on the corrected subsidy rates. The adjusted orders apply to specific companies and all others as detailed in the affected charts.

    Simple Explanation

    The U.S. Department of Commerce made some fixes to the rules about extra taxes on certain steel blocks from China, Germany, India, and Italy. They need to make sure they include all the right companies when charging these extra taxes.

  • 2024-29428 — Steel Concrete Reinforcing Bar From the Republic of Türkiye: Preliminary Results and Partial Rescission of Countervailing Duty Administrative Review; 2022
    Type:Notice
    Citation:89 FR 100957
    Reading Time:about 10 minutes

    The U.S. Department of Commerce has preliminarily determined that certain producers and exporters of steel concrete reinforcing bar from Türkiye received countervailable subsidies in 2022. As part of this review, the Commerce Department is rescinding the review for six companies that withdrew their request timely. Interested parties are invited to comment on these preliminary results. After evaluating comments, the final results of this review are expected to be issued within 120 days.

    Simple Explanation

    The U.S. Department of Commerce found that some companies in Türkiye got help from their government to make steel bars cheaper in 2022, but they also decided not to check on six companies because they asked not to be reviewed.