Posted on 30 Mar 2023
According to the final result of the expedited first sunset review of the countervailing duty (CVD) order, the US Department of Commerce (USDOC) found that revoking the existing CVD order on carbon and alloy steel wire rod (wire rod) from Italy would be likely to lead to continuation or recurrence of countervailable subsidies.
The subsidy rate for Ferriera Valsider S.p.A. was set at 44.18%, and that for Ferriere Nord S.P.A. and all other Italian exporters was at 4.16%.
This determination was applicable from March 28, 2023.
Source:Yieh
