India Stainless Steel Flanges: Prelim Results of CVD Admin Review
The Commerce Department has published the preliminary results of a countervailing duty administrative review on stainless steel flanges from India (C-533-878). Rates set in this review will be used to assess CVD on subject merchandise from the exporters under review entered during the period Jan. 1, 2021, through Dec. 31, 2021.
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Only the exporters for which an administrative review was requested are covered by this review. Cash deposit rates for all other exporters will not change. Commerce has ordered liquidation “as entered” for entries during the period of review from all exporters for which a review was not requested (ADCVDWeb Message # 3017403).
In these preliminary results, Commerce said it is rescinding the review of Hilton Metal Forging Limited, which had its request for review withdrawn. Entries from Hilton Metal will also be liquidated as entered.
Cash Deposit Requirements
For companies that remain subject to review, new CVD cash deposit requirements may take effect beginning on the date of publication of the final results in the Federal Register, currently scheduled for March. Commerce preliminarily calculated the following CV duty cash deposit rates:
| Producer/Exporter | CV Rate (Prelim) |
|---|---|
| Chandan Steel Limited | 2.6% |
| Pradeep Metals Limited | 4.04% |
| BFN Forgings Private Limited | 2.82% |
(The period of review is 01/01/21 - 12/31/21. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)