Commerce review ups Essar’s hot-rolled steel margin

Dec 31, 2008 | 04:50 AM | Diana Schwaeble

The U.S. Department of Commerce is conducting an administrative review of the countervailing duty order on certain hot-rolled carbon steel products from India.

The preliminary results of the review—covering the period from Jan. 1, 2007, to Dec. 31, 2007—resulted in a net subsidy rate of 21.95 percent for material from Essar Steel Ltd., Mumbai, India. The subsidy rate for....

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