Turkey OCTG: Final Results of CVD Admin Review
The Commerce Department has released the final results of its countervailing duty administrative review on oil country tubular goods from Turkey (C-489-817). The agency assigned a 1.55% CVD rate to the affiliated companies Borusan Mannesmann Boru Sanayi ve Ticaret A.S., Borusan Mannesmann Boru Yatirim Holding and Borusan Holding A.S.; and a 1.01% CVD rate to Cayirova Boru Sanayi ve Ticaret A.S. and its affiliate Yucelboru Ihracat Ithalat ve Pazarlama A.S. Importers of subject merchandise from Borusan and Cayirova entered Jan. 1, 2022, through Dec. 31, 2022, will be assessed CVD at importer-specific rates. The CVD cash deposit rates for the two companies and their affiliates take effect July 11, the date these final results are set to be published in the Federal Register.
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For exporters of subject merchandise that were not under review (i.e., all except Borusan and Cayirova), cash deposit rates remain at the level set in the most recent review of each respective company. 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 2410080053 for a summary of the preliminary results of this review.)