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Commerce to Require CV Cash Deposits on Welded Line Pipe From Turkey, But Not South Korea

The Commerce Department will set new countervailing duty cash deposit requirements on welded line pipe from Turkey, it said in a March 17 fact sheet announcing its preliminary determinations in the CV duty investigations (here). However, the agency will not…

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require cash deposits on welded line pipe from South Korea, after Commerce found no illegal subsidization of exporters in the country, it said in the fact sheet. AD duty cash deposit rates will range from 3.76% to 8.85% for Turkey. ITT will have more details when Commerce publishes its preliminary determination in the Federal Register.