Turkey Oil Country Tubular Goods: CV Preliminary Negative Determination

The Commerce Department will not suspend liquidation and impose a countervailing duty cash deposit requirement on imports of oil country tubular goods from Turkey (C-489-817), after finding no countervailable subsidization in its preliminary CV duty determination. The agency calculated de minimis CV duty rates for all respondents. Commerce will revisit the issue when it issues its final determination, and may at that point suspend liquidation and impose CV duty cash deposit requirements if it finds subsidization. Commerce may also require antidumping duty cash deposits as a result of its concurrent AD duty investigation on OCTG from Turkey. The final determination in both investigations are currently due by April 29, although Commerce will issue its preliminary AD duty determination and require AD duty cash deposits beforehand..