Italy Forged Steel Fluid End Blocks: Final Results of CVD Admin Review
The Commerce Department has released the final results of the countervailing duty administrative review on forged steel fluid end blocks from Italy (C-475-841). Rates set in these final results will be used for final assessments of CVD on importers for subject merchandise entered in calendar year 2023.
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Commerce said that based on comments received after the preliminary results were published, it made no changes to the net countervailable subsidy rates for the two mandatory respondents.
New Cash Deposit Rates Take Effect Aug. 22
New cash deposit rates take effect for subject merchandise produced or exported by the companies under review, entered on or after Aug. 22, the date the final results are to be published in the Federal Register. Companies that didn't get a rate in this review will continue to get the cash deposit rate set in the most recent previous administrative review, and companies that never have been assigned a CVD rate will get the all-others rate. The new rates are as follows:
| Producer/Exporter | CVD Rate |
|---|---|
| Lucchini Mame Forge S.p.A. and cross-owned affiliates Lucchini RS S.p.A.; Lucchini Industries Srl; and Bicomet S.p.A. | 15.33% |
| Metalcam S.p.A. and cross-owned affiliates Adamello Meccanica S.r.l.; and B.S. S.r.l. | 8.22% |
| Cogne Acciai Speciali S.p.A. | 14.05% |
| Officine Meccaniche Roselli S.r.l. | 14.05% |
(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. See 2505070037 for summary of the preliminary results of this administrative review.)