Turkey Rebar: Prelim Results of CVD Admin Review
The Commerce Department has published the preliminary results of a countervailing duty administrative review of steel concrete reinforcing bar from Turkey (C-489-819). Commerce will assess CVD on importers at the rates determined in the final results of this review for subject merchandise entered during the period Jan. 1, 2022, through Dec. 31, 2022.
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Commerce is rescinding the review for six companies because the requests for review were withdrawn. Those companies are: (1) Ans Kargo Lojistik Tas ve Tic Baykan Dis Ticaret; (2) Baykan Dis Ticaret; (3) Kibar dis Ticaret A.S.; (4) Meral Makina Iml Ith Ihr Gida; (5) Sami Soybas Demir Sanayi ve Ticaret; and (6) Yucel Boru Ihracat Ithalat ve Pazarlama. Commerce will instruct CBP to assess countervailing duties on all appropriate entries at a rate equal to the cash deposit of estimated countervailing duties required at the time of entry, or withdrawal from warehouse, for consumption.
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 # 4033419).
Cash Deposit Requirements
For companies that remain 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 April. Commerce preliminarily calculated the following CVD cash deposit rates:
| Company | CVD Rate (Prelim) |
|---|---|
| Icdas Celik Enerji Tersane ve Ulasim Sanayi A.S. | zero |
| Kaptan Demir Celik Endustrisi ve Ticaret A.S. | 2.54% |
| Colakoglu Metalurji A.S. | 2.54% |
In the final results, Commerce intends to instruct CBP to collect cash deposits of estimated CVD in the amounts shown for the companies listed above with regard to shipments of subject merchandise entered, or withdrawn from warehouse, for consumption on or after the date of publication of the final results of this review.
(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.)