The U.S. Department of Commerce (DOC) announced the preliminary results of the administrative review of the countervailing duty ruling on rebar from Turkey during the review period from January 1, 2023 to December 31, 2023.
DOC has tentatively determined that countervailing subsidies are being provided to Colakoglu Metalurji A.
S. during the review period. DOC has tentatively calculated a net compensatory subsidy rate of 1.84 percent for the company. In addition, DOC withdraws this review regarding Kaptan Demir Celik Endustrisi ve Ticaret A.
S. and Kaptan Metal Dis Ticaret ve Nakliyat A.
S., as local manufacturers withdrew their request in a timely manner.
The final results of the review are expected to be announced within 120 days after the publication of the preliminary results.
