South Korea and Turkey Line Pipe: Commerce Postpones Preliminary CV Duty Determinations

The Commerce Department is extending until March 16 the deadline for its preliminary determination in the countervailing duty investigations on welded line pipe from South Korea (C-580-877) and Turkey (C-489-823) (here). The agency decided to postpone after finding the investigations are “extraordinarily complicated” because of the number and complexity of the subsidy programs being investigated. The preliminary determination was originally due Jan. 9. Cash deposits of estimated CV duties can only be collected after the preliminary determination, although cash deposits can be made retroactive 90 days from the preliminary determination if Commerce finds “critical circumstances.”