Commerce Announces Negative Preliminary Finding on Turkey Rebar, No CV Duties Yet
The Commerce Department won’t require countervailing duty cash deposits on steel concrete reinforcing bar from Turkey -- at least for the moment -- finding in its Feb. 20 negative preliminary determination that imports of the product are not being illegally…
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subsidized. Rebar from Turkey is also subject to an antidumping duty investigation, so suspension of liquidation and cash deposits may still be required for AD duty purposes when Commerce issues its preliminary AD duty determination. The agency is due to announce its preliminary decision on AD duties by April 18 (see 14020314). Commerce may also change its mind in this CV duty investigation when it issues its final determination. But for now, the agency will not direct CBP to suspend liquidation on entries of rebar from Turkey.