Cold-Rolled Steel: Commerce Postpones Preliminary CV Duty Determinations

The Commerce Department is extending until Dec. 15 the deadline for its preliminary determinations in the countervailing duty investigations on cold-rolled steel flat products from Brazil (C-351-844), India (C-533-866), China (C-570-030), South Korea (C-580-882), and Russia (C-821-823) (here). The agency decided to postpone after receiving a request from the group of U.S. steel manufacturers that requested the investigation. The preliminary determination was originally due Oct. 21. Cash deposits of estimated CV duties can only be collected after the preliminary determination, although they can be made retroactive 90 days from the preliminary determination if Commerce finds companies are increasing exports before cash deposit requirements are imposed.