China Steel Wire Rod: Commerce Postpones Preliminary CV Duty Determination

The Commerce Department is postponing until June 30 the due date for its preliminary determination in the countervailing duty investigation on carbon and certain alloy steel wire rod from China (C-570-013). Nucor Corporation, one of the companies that originally requested the investigation, had asked for the extension, and Commerce says it has no reason to deny the request. Once Commerce makes its preliminary determination, it can suspend liquidation and require cash deposits of estimated CV duties. The preliminary determination was originally due April 28.