The US Department of Commerce (USDOC) concludes its expedited second sunset reviews regarding countervailing duties (CVD) on oil country tubular goods (OCTG) from India and Turkey.

The USDOC determined that revoking the current CVD order would likely lead to the continuation or recurrence of countervailable subsidies.

Indian producers face high net countervailable subsidy rates, led by Jindal SAW Ltd at 27.77%. GVN Fuels Limited, Maharashtra Seamless Limited, and Jindal Pipes Limited face 13.87%, while other Indian firms receive 20.82%. Turkish exporters, including Borusan Mannesmann and its affiliates, all receive a uniform subsidy rate of 2.87%.