Trade Court Stays Countervailing Duty Case
The Court of International Trade stayed proceedings in a countervailing duty case brought by PAO TMK, a member of the TMK group companies, in a Dec. 29 order. The case concerns the CVD investigation into seamless pipe from Russia, in…
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which the Commerce Department found that TMK received countervailable subsidies through the provision of natural gas and through loans from Russian state-owned banks. Following a consent motion to stay, the trade court stayed the action until 75 days after the final ruling in the case and all subsequent remands (PAO TMK v. U.S., CIT #21-00531).