The U.S. Department of Commerce (DOC) has announced the preliminary results of an administrative review of the Countervailing Duty Ordinance (CVD) on certain OCTG pipe products from Turkey for the period January 1, 2024 to December 31, 2024.
The document preliminarily established that compensation subsidies were provided to OCTG producers and exporters from Turkey during the period under review.
The document preliminarily defines a net compensation subsidy rate of 0.63 percent for Borusan Birleşik Boru Fabrikalari Sanayi ve Ticaret A.
Ş. (Borusan), the only company reviewed in the review. The rate for all other goods set in the initial study remains at 9.21 percent.
The products listed in the product lines are listed in the subheadings 7304.29.10.10, 7304.29.10.20, 7304.29.10.30, 7304.29.10.40, 7304.29.10.50, 7304.29.10.60, 7304.29.10.80, 7304.29.20.10, 7304.29.20.20, 7304.29.20.30, 7304.29.20.40, 7304.29.20.50, 7304.29.20.60, 7304.29.20.80, 7304.29.31.10, 7304.29.31.20, 7304.29.31.30, 7304.29.31.40, 7304.29.31.50, 7304.29.31.60, 7304.29.31.80, 7304.29.41.10, 7304.29.41.20, 7304.29.41.30, 7304.29.41.40, 7304.29.41.50, 7304.29.41.60, 7304.29.41.80, 7304.29.50.15, 7304.29.50.30, 7304.29.50.45, 7304.29.50.60, 7304.29.50.75, 7304.29.61.15, 7304.29.61.30, 7304.29.61.45, 7304.29.61.60, 7304.29.61.75, 7305.20.20.00, 7305.20.40.00, 7305.20.60.00, 7305.20.80.00, 7306.29.10.30, 7306.29.10.90, 7306.29.20.00, 7306.29.31.00, 7306.29.41.00, 7306.29.60.10, 7306.29.60.50, 7306.29.81.10, and 7306.29.81.50 of the United States Harmonized Tariff System (HTSUS).
The final results are expected to be issued within 120 days of the publication of the preliminary results.
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