US to continue CVD orders on wire rod from Italy

Friday, 15 September 2023 15:01:04 (GMT+3)   |   Istanbul

The US Department of Commerce (DOC) has announced the final results of the sunset review of the countervailing duty (CVD) order on carbon and alloy steel wire rod from Italy.

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 44.18 percent for Ferriera Valsider, and 4.16 percent for Ferriere Nord and all other Italian companies.

The subject merchandise is provided for in subheadings 7213.91.3011, 7213.91.3015, 7213.91.3020, 7213.91.3093, 7213.91.4500, 7213.91.6000, 7213.99.0030, 7227.20.0030, 7227.20.0080, 7227.90.6010, 7227.90.6020, 7227.90.6030, and 7227.90.6035 of the Harmonized Tariff Schedule of the United States (HTSUS).

DamlaTükenmez
Damla Tükenmez
Editor

I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.

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