Germany Fluid End Blocks: Prelim Results of CVD Admin Review
The Commerce Department has released the preliminary results of its countervailing duty administrative review on forged steel fluid end blocks from Germany (C-428-848). Commerce preliminarily calculated a CVD rate of 3.51% for BGH Edelstahl Siegen GmbH and its cross-owned affiliates, the only company still covered by the review. Any changes to BGH's cash deposit rates would take effect on the publication date of the final results of the review. Once Commerce issues its final results of this review, the agency will assess CVD for entries of subject merchandise from BGH entered Jan. 1, 2023, through Dec. 31, 2023, it said.
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Commerce found BGH to be cross-owned with BGH Edelstahl Siegen GmbH: Boschgotthardshütte O. Breyer GmbH, BGH Edelstahlwerke GmbH, RPS Rohstoff-, Press- und Schneidbetrieb Siegen GmbH, and SRG Schrott und Recycling GmbH.
Commerce has ordered liquidation "as entered" at the cash deposit rate in effect at the time of entry for subject merchandise entered Jan. 1, 2023, through Dec. 31, 2023, that was exported by companies that are not under review (i.e., all except BGH) (ADCVDWeb Message # 4100408).
In these preliminary results, Commerce also is ending its review of Schmiedewerke Grӧditz GmbH, an original mandatory respondent, because there were no reviewable suspended entries from the exporter during the review period. Commerce will instruct CBP to assess CVD on all appropriate entries from SWG at a rate equal to the cash deposit of estimated countervailing duties required at the time of entry, or withdrawal from warehouse, for consumption, during calendar year 2023.
(The review period is 01/01/23 - 12/31/23. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc.)