India Stainless Steel Flanges: Prelim Results of CVD Admin Review
The Commerce Department has published the preliminary results of a countervailing duty administrative review on stainless steel flanges from India (C-533-878). Rates set in this review will be used to assess CVD on subject merchandise from the exporters under review entered during the period Jan. 1, 2022, through Dec. 31, 2022.
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Only the exporters for which an administrative review was requested are covered by this review. Cash deposit rates for all other exporters will not change. Commerce has ordered liquidation “as entered” for entries during the period of review from all exporters for which a review was not requested (ADCVDWeb Message # 4010405).
In these preliminary results, Commerce said it is rescinding the review for five companies -- (1) BFN Forgings Private Limited; (2) Chandan Steel Limited; (3) Fivebros Forgings Private Limited; (4) Hilton Metal Forging Limited; and (5) Kisaan Die Tech Pvt Ltd. -- for which the requests for review were withdrawn. Entries from these five companies also will be liquidated as entered.
Cash Deposit Requirements
For the one company that remains subject to review, new CVD cash deposit requirements may take effect beginning on the date of publication of the final results in the Federal Register, currently scheduled for March. Commerce preliminarily calculated the following preliminary CVD cash deposit rate:
| Producer/Exporter | CV Rate (Prelim) |
|---|---|
| Pradeep Metals Limited | 1.75% |
(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.)