Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The US Department of Commerce preliminarily determined that Indian producers of finished carbon steel flanges received countervailable subsidies during the period of review, January 1, 2018, through December 31, 2018. 


In an order scheduled for publication on Dec 12, Commerce assigned countervailing duties (CVD) to Norma at 5.61pc, RN Gupta at 5.42pc, and an all-others rate for 29 other exporters of the subject merchandise at 5.51pc. 


Upon publication of final results, Commerce will instruct the US Customs and Border Protection to assess the CVD rates for all entries of subject merchandise into the US and collect cash deposits equating to the same. 

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