Search Results for keywords:"Chandan Steel Limited"

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Search Results: keywords:"Chandan Steel Limited"

  • Type:Notice
    Citation:86 FR 11231
    Reading Time:about 8 minutes

    The Department of Commerce has preliminarily found that producers and exporters of stainless steel flanges from India received countervailable subsidies from January 23, 2018, to December 31, 2018. This review, initiated in December 2019, determines that Chandan Steel Limited and Kisaan Die Tech Pvt Ltd. benefited from subsidies, prompting a weighted-average subsidy rate for unreviewed companies. Interested parties can comment on these findings, and the final results will follow within 120 days unless extended. The Commerce Department will notify U.S. Customs and Border Protection to assess duties and collect cash deposits on imports of the targeted products.

    Simple Explanation

    The U.S. Department of Commerce found that some companies in India got special financial help from their government when making metal rings called stainless steel flanges. Because of this, the U.S. plans to charge extra fees when these metal rings are brought into the country to make it fair for everyone.

  • Type:Notice
    Citation:86 FR 11233
    Reading Time:about 11 minutes

    The Department of Commerce has announced preliminary findings that producers and exporters of stainless steel flanges from India sold their products in the U.S. at prices below the normal value during the period from March 28, 2018, to September 30, 2019. The review focused particularly on Chandan Steel Limited, which did not cooperate fully, leading Commerce to assign them a high dumping margin based on available facts. As these results are preliminary, interested parties can submit comments and requests for a hearing before final results are published. The final dumping duties will be decided after considering these inputs, with possible changes to cash deposit rates for future entries of these products.

    Simple Explanation

    The U.S. government found that some companies in India were selling metal parts, called steel flanges, too cheaply in America, which is not allowed according to trade rules. They will look closely at these findings and let people share their thoughts before making a final decision.