Turkey OCTG: Borusan Set for CV Duty Exemption
Borusan will be exempt from countervailing duties on oil country tubular goods from Turkey if a recent Court of International Trade decision is upheld on appeal, according to a Commerce Department notice (here). Commerce said a court-ordered recalculation of Borusan’s…
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rate from the original CV duty investigation has resulted in a zero rate for the company. CIT sustained the redetermination Feb. 22, but U.S. Steel and Borusan filed an appeal March 7 (see 1603080006).