⚖️Preliminary Countervailing Duty on Silicon Metal from Australia
Silicon Metal From Australia: Preliminary Affirmative Countervailing Duty Determination, and Alignment of Final Determination With Final Antidumping Duty Determination
Summary
The U.S. Department of Commerce (Commerce) preliminarily determines that countervailable subsidies are being provided to producers and exporters of silicon metal from Australia. The period of investigation is January 1, 2024, through December 31, 2024. Interested parties are invited to comment on this preliminary determination.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$$ - High
The preliminary affirmative countervailing duty determination indicates that silicon metal producers and exporters from Australia will face financial implications due to countervailable subsidies. The estimated subsidy rate of 41.31% will affect pricing and competitiveness of imported silicon metal in the U.S. market. This regulatory action invites comments from affected businesses, highlighting compliance requirements and potential strategic adjustments needed by U.S. companies.