The US Department of Commerce (DOC) has announced the final results of its administrative review of the countervailing duty (CVD) on imports of cold-drawn mechanical tubing from India. The period of review is September 25, 2017 through December 31, 2018.
Company |
2017 subsidy rate (%) |
2018 subsidy rate (%) |
Goodluck India Limited |
5.86 |
5.21 |
Tube Investment of India Ltd |
4.27 |
5.17 |
In 2017, countervailing duty rates of 8.02 percent and 42.60 percent were imposed for Goodluck India Limited and Tube Investments of India Ltd, respectively.