28 Jul 2025
⚖️Countervailing Duty Results Impacting Forged Steel Imports from Germany
Forged Steel Fluid End Blocks From the Federal Republic of Germany: Final Results of the Countervailing Duty Administrative Review; 2023
Summary
The U.S. Department of Commerce (Commerce) determines that countervailable subsidies were provided to BGH Edelstahl Siegen GmbH (BGH), a producer and exporter of forged steel fluid end blocks (fluid end blocks) from the Federal Republic of Germany (Germany). The period of review (POR) is January 1, 2023, through December 31, 2023.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$$ - High
The content discusses final results from a countervailing duty administrative review, indicating that U.S. businesses partnering with foreign entities like BGH may face tariffs due to subsidies, affecting their costs and pricing strategies.