The U.S. Department of Commerce ("Commerce") today announced that it has preliminarily determined that forged steel fittings from India are unfairly subsidized.
Commerce preliminarily calculated subsidy rates ranging from 2.65% to 284.91% for Indian producers of forged steel fittings.
The U.S. International Trade Commission (“USITC”) found a reasonable indication that the U.S. industry producing forged steel fittings is threatened with material injury by subject imports on December 6, 2019. If the USITC votes in the affirmative in the final phase of its investigation and Commerce continues to find countervailable subsidies in its final determinations, Commerce will issue a countervailing duty order.
Schagrin Associates has over 35 years of experience representing clients in antidumping and countervailing duty proceedings. For more information, please visit our website at www.schagrinassociates.com.