⚖️Amended Final Determination on Countervailing Duties for Forged Steel
Forged Steel Fluid End Blocks From Germany: Notice of Court Decision Not in Harmony With the Final Determination of Countervailing Duty Investigation; Notice of Amended Final Determination and Amended Countervailing Duty Order
Summary
On December 26, 2024, the U.S. Court of International Trade (CIT) issued its final judgment in BGH Edelstahl Siegen GmbH v. United States, Court No. 21-00080, Slip Op. 24-148 (CIT December 26, 2024), sustaining the U.S. Department of Commerce's (Commerce) fourth remand redetermination pertaining to the countervailing duty (CVD) investigation of Forged Steel Fluid End Blocks (FEBs) from the Germany covering the period of investigation, January 1, 2018, through December 31, 2018. Commerce is notifying the public that the CIT's final judgment is not in harmony with Commerce's final determination in that investigation, and that Commerce is amending the final determination and resulting CVD order with respect to the countervailable subsidy rates assigned to BGH Edelstahl Siegen GmbH (BGH Siegen), Schmiedewerke Gr[ouml]ditz GmbH (SWG), voestalpine Bohler Group (voestalpine Bohler), and all others.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
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The notice outlines an amended final determination regarding countervailing duty rates on imported forged steel fluid end blocks from Germany, highlighting impacts on subsidy rates that affect manufacturers' financial obligations, compliance, and trade implications. Relevant businesses should reassess costs and pricing strategies accordingly.