India Forged Steel End Blocks: Final Results of CVD Admin Review
The Commerce Department has released the final results of its countervailing duty administrative review on forged steel fluid end blocks from India (C-533-894). It said it made changes to its preliminary results, based on comments received, for the one company under review, Bharat Forge Limited. Commerce set a new CVD cash deposit rate of 3.77% for Bharat Forge, and its cross-owned companies Bharat Forge Utilities Limited and Saarloha Advanced Materials Private Limited. The rate will also apply for assessment purposes for entries of subject merchandise from Bharat Forge during calendar year 2022. The new 3.77% CVD cash deposit rate for Bharat Forge takes effect June 10, the date these final results are set for publication in the Federal Register.
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Companies that didn't get a rate in this review will keep their most recently assigned cash deposit rate. If the exporter has never been assigned its own CVD rate but the manufacturer has, the rate assigned to the manufacturer applies. For merchandise manufactured and exported by companies that have never been assigned a cash deposit rate by Commerce, the all-others rate applies.
(The review period is 01/01/22 - 12/31/22. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2402030002 for a summary of the preliminary results of this administrative review.)