On September 14, 2020, the U.S. Department of Commerce announced its preliminary countervailing duty determination finding that imports of prestressed concrete steel wire strand from Turkey were unfairly subsidized by the Turkish government. Commerce preliminarily found that exporters from Turkey were subject to duties as high as 135.06%. Commerce preliminarily determined that Turkish producer Celik Halat ve Tel San A.S. had been non-cooperative and assigned a rate of 135.06% based on adverse facts available. “All Other” Turkish producers were assigned a preliminary rate of 14.44%.
Commerce will issue its final determination on or about November 30, 2020. After that, if the International Trade Commission (ITC) makes an affirmative final determination of injury, a countervailing duty order will be issued around January 21, 2020.
Please contact Husch Blackwell’s International Trade and Supply Chain team with any questions or concerns.