Steel Concrete Reinforcing Bar From Algeria: Final Affirmative Countervailing Duty Determination
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The U.S. Department of Commerce has issued a final affirmative determination that producers and exporters of steel concrete reinforcing bar (rebar) from Algeria are receiving countervailable subsidies from the Algerian government. This determination covers the period of investigation (POI) from January 1, 2024 through December 31, 2024. As a result of this determination, U.S. Customs and Border Protection will be directed to collect countervailing duty (CVD) cash deposits on imports of Algerian rebar at rates established by Commerce. This action is intended to offset the unfair competitive advantage gained by Algerian producers through government subsidies. This final determination follows an investigation initiated in response to a petition by domestic U.S. steel producers. The International Trade Commission (ITC) must also make a final injury determination before any permanent CVD order is issued. If the ITC finds material injury or threat thereof to the U.S. rebar industry, a countervailing duty order will be published.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Final affirmative CVD determination issued for Algerian rebar covering POI January 1–December 31, 2024
- U.S. Customs and Border Protection instructed to collect CVD cash deposits on all Algerian rebar imports at Commerce-determined rates
- Algerian rebar producers/exporters subject to countervailable subsidy finding — specific subsidy rates to be published in the Federal Register
+ 3 more changes with Pro
Obligations
What this law requires
U.S. Customs and Border Protection must collect countervailing duty (CVD) cash deposits on all imports of steel concrete reinforcing bar from Algeria at rates established by the U.S. Department of Commerce
Algerian producers and exporters of steel concrete reinforcing bar must remit countervailing duty cash deposits upon importation of their products into the United States
The International Trade Commission (ITC) must conduct and issue a final injury determination regarding material injury or threat of material injury to the U.S. rebar industry from Algerian imports
A countervailing duty order must be published if the ITC determines material injury or threat thereof to the U.S. rebar industry
CVD rates established by the U.S. Department of Commerce for Algerian rebar must be applied to the period of investigation from January 1, 2024 through December 31, 2024