Posted on 03 Dec 2021
According to the preliminary determination made by the US Department of Commerce (USDOC), certain Turkey’s producers and exporters of steel concrete reinforcing bar (rebar) were confirmed to receive countervailable subsidies during the period of review from January 1, 2019 to December 31, 2019.
Therefore, the preliminary CVD rate for Kaptan Demir and Icdas was set at 1.75%. If it was finalized, Kaptan Demir’s rate would slightly drop from the current final rate of 1.82%, and Icdas’ would be up from the current final negligible rate of 0.32%.
For Colakoglu, a negligible preliminary CVD rate was set at 0.07%, which would be lower than the current final rate of 1.82% if the new rate was finalized.
Source:Yieh
