On September 19th, the Department of Commerce announced that they will impose preliminary countervailing duties (“CVD”) on Chinese and Indian exports of cold-drawn mechanical tubing of carbon and alloy steel. See the fact sheet here.
Commerce determined that China and India received countervailable subsidies benefiting the production of mechanical steel tubing from their respective governments. Previously, on June 2nd, the U.S. International Trade Commission (“ITC”) had unanimously determined that there is a reasonable indication that a U.S. industry is materially injured by reason of unfairly traded imports of cold-drawn mechanical tubing from China, Germany, India, Italy, Korea, and Switzerland that are allegedly sold in the United States at less than fair value and subsidized by the governments of China and India.
Continue Reading Commerce Announces Preliminary Subsidy Rates on Chinese and Indian Mechanical Tubing Exports