The US Department of Commerce (DOC) has announced the final results of the sunset review on the countervailing duty (CVD) order on certain cold-drawn mechanical tubing of carbon and alloy steel from China.
The DOC found that revocation of the countervailing duty (CVD) order on the given product from the country would be likely to lead to a continuation or recurrence of subsidies.
The final subsidy rates are at 21.41 percent for Jiangsu Hongyi Steel Pipe, 18.27 percent for Zhangjiagang Huacheng Import & Export, and 19.84 percent for all other Chinese exporters.
The countervailing duties for the country is applicable from April 3.