US maintains CVD order on Italy’s carbon and alloy steel wire rods
18 Sep 2023 15:31 reported by Joy Liu
The US Department of Commerce (USDOC) and the US International Trade Commission (USITC) determined that revoking the existing countervailing duty (CVD) order on carbon and alloy steel wire rods from Italy would likely lead to the continuation or recurrence of countervailable subsidies and material injury to the US domestic industry. As a result, the USDOC published a notice of continuation of this CVD order on the subject products.
The final subsidy rate for Italy’s Ferriere Nord S.p.A. was set at 44.18%, and Ferriera Valsider S.p.A. and all other producers/exporters received 4.16%.
The products involved are under 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 HTSUS, and they may be under subheadings 7213.99.0090 and 7227.90.6090 of the HTSUS.
The determination was applicable on August 2, 2023.
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