India Forged Steel End Blocks: Prelim Results of CV Admin Review
The Commerce Department on Feb. 6 released the preliminary results of its countervailing duty administrative review on forged steel fluid end blocks from India (C-533-894). The agency calculated a preliminary rate of 10.81% for Bharat Forge Limited, the only company under review. That 10.81% CVD rate would apply for cash deposit purposes, and for the purposes of assessments for entries from Bharat Forge in calendar year 2021. For entries from Bharat Forge during the period May 26, 2020, through Dec. 31, 2020, Commerce preliminarily calculated a CVD rate of 22.17%. Changes to Bharat Forge's cash deposit rate would take effect beginning on the date of publication of the final results in the Federal Register.
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For all entries of subject merchandise exported by all other Indian companies for the period May 26, 2020, through Dec. 31, 2021, Commerce has ordered liquidation “as entered” at the cash deposit rate in effect at the time of entry (ADCVDWeb Message # 2103425).
​(The period of review is 05/26/20 - 12/31/21. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)