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US lowers preliminary CVD rates on 2 Turkish rebar mills

21 Jan 2020 15:59 reported by Joy Liu

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According to the preliminary ruling of the administrative review of countervailing duty issued by the US Department of Commerce (USDOC) on Turkish rebar imports, the subsidy rate for certain producers has been lowered.

The subsidy rate for İÇDAŞ was previously set at 0.41%, and that for Kaptan was at 0.19%. Both rates were minimal, which meant that the rate will be zero once the rate was determined to be lowered.

Separately, Çolakoğlu was still subject to a subsidy rate at 1.82%, and all other suppliers' rates were 2.29%.

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