Search Results for keywords:"Republic of Turkey"

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Search Results: keywords:"Republic of Turkey"

  • Type:Notice
    Citation:86 FR 6866
    Reading Time:about 8 minutes

    The Department of Commerce announced the final results of its administrative review on countervailing duties for circular welded carbon steel pipes and tubes from Turkey for the year 2018. They found that the Borusan Companies received a de minimis (insignificant) net subsidy rate, meaning they benefited very little from government support, while other Turkish exporters received higher subsidies. The review did not make any changes to the subsidy rate for the Borusan Companies but revised the rates for firms not individually examined. The Department of Commerce plans to instruct Customs and Border Protection to adjust cash deposits and duties based on these findings.

    Simple Explanation

    The Department of Commerce checked to see how much help some Turkish companies got from their government in making steel pipes. They found that one group of companies, called the Borusan Companies, got very little help, but other companies got more help.

  • Type:Notice
    Citation:86 FR 11227
    Reading Time:about 15 minutes

    The Department of Commerce found that seven companies, including Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi A.S., sold hot-rolled steel products from Turkey in the U.S. at prices below their usual value between October 1, 2018, and September 30, 2019. Six other exporters reported no shipments during this period. The review for some companies was discontinued based on a court decision. Public comments are invited on these preliminary findings, and a final decision will follow.

    Simple Explanation

    The Department of Commerce found that some companies from Turkey sold steel in the U.S. at cheap prices that might hurt local businesses, and they want people to share their thoughts before making a final decision.