Preliminary result of countervailing duty review on rebar from Turkey to the US

The US Department of Commerce (DOC) has announced the affirmative preliminary results of its administrative review of the countervailing duty (CVD) order on reinforcing bars imported from Turkey.

Accordingly, the DOC has preliminarily determined that; Kaptan Demir Celik, Colakoglu Dis Ticaret A.S., and Colakoglu Metalürji A.S. received a countervailable subsidy rate at 2.55 percent, while Icdas Celik Enerji Tersane ve Ulasim Sanayi A.S. received a subsidy rate at 0.32 percent, de minimis, for the period of January 1, 2018, through December 31, 2018.

The DOC stated that it intends to rescind the review on the countervailing duties on imports of the given product for the remaining 21 Turkish companies if no shipment of reinforcing bar was made into the US during the period of review.

The final result of the investigation is expected to be announced within 120 days of publication of the preliminary results.

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