Seamless Pipe: Prelim CV Cash Deposit Rates Take Effect for Russia, South Korea
Suspension of liquidation and countervailing duty cash deposit requirements take effect Dec. 11 for imports of seamless carbon and alloy steel standard, line and pressure pipe from Russia (C-821-827) and South Korea (C-580-910), after the Commerce Department found illegal subsidization in preliminary determinations released the previous day as part of its ongoing CV duty investigations.
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Commerce is also conducting AD duty investigations on seamless pipe from Russia and South Korea, as well as on the Czech Republic and Ukraine. The agency's preliminary AD duty investigations are due Feb. 3 (see 2011180021).
CV Suspension of Liquidation and Cash Deposit Requirements
Commerce will instruct CBP to suspend liquidation for all entries of subject merchandise that are entered, or withdrawn from warehouse, for consumption on or after Dec. 11. It will require CV duty cash deposits at the following rates:
Russia
| Producer/Exporter | CV Rate |
|---|---|
| PAO TMK / Volzhsky Pipe Plant Joint Stock Company | 4.39% |
| All Others | 4.39% |
South Korea
| Producer/Exporter | CV Rate |
|---|---|
| Iljin Steel Corporation | 2.13% |
| All Others | 2.13% |
(The period of investigation is 01/01/19 - 12/31/19. See Commerce's notice for more information, including the scope (unchanged), suspension of liquidation, etc. See 2008030035 for a summary of the initiation of these CV duty investigations.)