Commerce to Require CV Duty Cash Deposits on Cold-Rolled Steel
The Commerce Department will require cash deposits of estimated countervailing duties on cold-rolled steel flat products from Brazil, China, India and Russia, but will not at this time require cash deposits on the same product from South Korea, it said…
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in an Dec. 16 fact sheet announcing its preliminary CV duty determinations (here). Rates are 7.42% for all Brazilian exporters, 227.29% for all Chinese exporters, 4.45% for all Indian exporters, and range from zero to 6.33% for Russian exporters. Suspension of liquidation and cash deposit requirements will be retroactive to 90 days before the publication date of Commerce's preliminary determination for some companies from China. Cash deposit requirements for Brazil, India and Russia take effect upon publication of the preliminary determination. ITT will provide more details on Commerce's preliminary CV duty determinations once they are published in the Federal Register.