The U.S. Department of Commerce (DOC) announced the preliminary results of the administrative review of the countervailing duty (CVD) order on light-wall rectangular pipes and tubes (LWR pipes) from China for the period from January 1, 2024 to December 31, 2024.
The Department of Commerce has tentatively determined that countervailing subsidies have been provided to manufacturers and exporters of LWR pipes and tubes from China during the review period.
The Ministry of Justice has tentatively determined the net compensatory subsidy rate to be 76.07 percent for Hangzhou Ailong Metal Products Co., Ltd. (Hangzhou Ailong), the only mandatory defendant in the inspection. The rate is entirely based on the available facts with unfavorable inferences. The rate for all others, established during the initial investigation, remains at 15.28 percent. In addition, DOC waived this review for 40 companies that did not have auditable records of the subject items during the review period.
The subject items are covered under Harmonized Tariff Schedule of the United States (HTSUS) subheadings 7306.61.50.00 and 7306.61.70.60.
Berk Arslan EditorI graduated from the University of Illinois at Chicago with a B.A. She holds a bachelor's degree in finance, a master's degree in bilingual bicultural education from Northeastern Illinois University, and a master's degree in theology from Moody Bible Institute. I have been working in the steel industry since 2019, specializing in long products. I am currently writing about completed long positions in Mexico and covering market analysis and dynamics in North America
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