Federal Register #2026-14024

Preliminary Results and Partial Rescission: Countervailing Duty Review on Steel Products from India and Korea

This notice from the U.S. Department of Commerce, International Trade Administration, addresses the preliminary results and partial rescission of a countervailing duty review for steel products from India and Korea. - Government Buyer: - U.S. Department of Commerce, International Trade Administration, Enforcement and Compliance - OEMs and Vendors Mentioned: - Nishant Steel Industries (India) - Nuovo Fastenings Pvt. Ltd. (cross-owned with Nishant Steel Industries) - Cosmo First Limited (cross-owned with Cosmo Speciality Chemicals Private Limited) - JPFL Films Private Ltd. (cross-owned with Jindal Poly Films Limited) - Bee Dee Cycle Industries - Good Good Manufacturers - Kanika Fasteners Pvt Ltd and Kanika Exports - Maharaja International - R K Fasteners - Products/Services Requested: - Carbon and alloy steel threaded rod (from India) - Subject to countervailing duty review - Preliminary subsidy rate of 2.54% for Nishant Steel Industries - Certain cold-rolled steel flat products (from Korea) - Found not to be sold at less than normal value during the review period - Unique or Notable Requirements: - The review covers a specific period for each product (threaded rod: Jan 1, 2024 – Dec 31, 2024; cold-rolled steel: Sep 1, 2023 – Aug 31, 2024) - Several Indian companies had their reviews rescinded after withdrawing requests - No specific part numbers or purchase quantities are listed; the focus is on the general product categories and subsidy/dumping findings - Public comment is invited on the preliminary results

Description

The U.S. Department of Commerce preliminarily determines that countervailable subsidies were provided to producers and exporters of certain carbon and alloy steel threaded rod from India for the period January 1, 2024, through December 31, 2024. The review is partially rescinded with respect to five companies that withdrew their requests for review. Interested parties are invited to comment on these preliminary results. The review involves analysis of subsidy programs and assessment of countervailing duties.

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