Commerce to End CV Duty Investigations on Steel Nails After ITC Finds No Injury
Countervailing duty investigations on steel nails from India, Oman, Sri Lanka and Turkey will end with no CV duties imposed, after the International Trade Commission on Sept. 16 voted that illegally subsidized imports of the product from India, Oman and…
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Turkey do not injure the U.S. domestic industry, and that illegally subsidized imports from Sri Lanka are negligible, the ITC said in a news release. As a result of the negative injury determinations, Commerce will not issue any CV duty orders on steel nails from India, Oman, Sri Lanka and Turkey, and any cash deposits collected in connection with the investigations will be refunded. No CV duties will be assessed on importers. The ITC's decision is subject to appeal at the Court of International Trade. Commerce had found illegal subsidization in final determinations issued in August (see 2208190024). Steel nails from India, Sri Lanka, Thailand and Turkey remain subject to Commerce's ongoing antidumping duty investigations (see 2208080018).