India Forged Steel End Blocks: Prelim Results of CVD Admin Review
The Commerce Department has published the preliminary results of its countervailing duty administrative review on forged steel fluid end blocks from India (C-533-894). The agency calculated a preliminary rate of 3.76% for Bharat Forge Limited and its affiliates Bharat Forge Utilities Limited and Saarloha Advanced Materials Private Limited, the only company under review. If that rate is finalized in the final results of this review, the 3.76% CVD rate would apply for cash deposit purposes, and for the purposes of assessments for entries from Bharat Forge in calendar year 2022. Changes to Bharat Forge's cash deposit rate would take effect beginning on the date of publication of the final results in the Federal Register.
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Commerce also said it is ending the review for the following 11 companies found to have no reviewable entries during the review period: (1) Bharat Forge Limited, India; (2) Echjay Industries Pvt. Ltd.; (3) Jaypee Forge Pvt. Ltd.; (4) MM Forgings Ltd. (aka M M Forgings Ltd.); (5) Mars Forge Pvt. Ltd.; (6) Pradeep Metals Ltd.; (7) Ramkrishna Forgings Ltd.; (8) Rolex Rings Ltd.; (9) Sunrise Exports International; (10) Western Heat and Forge Pvt. Ltd.; and (11) Western India Forgings Pvt. Ltd.
For all entries of subject merchandise exported by all other Indian companies for the period Jan.1, 2022, through Dec. 31, 2022, Commerce has also ordered liquidation “as entered” at the cash deposit rate in effect at the time of entry (ADCVDWeb Message # 3111401).
​(The period of review is 01/01/22 - 12/31/22. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)