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The US Department of Commerce has published the results of its tax investigation on rebar originating in Türkiye.

The United States announced the preliminary results of an administrative review of the countervailing duty on rebar imported from Türkiye.

The US Department of Commerce has published the results of its tax investigation on rebar originating in Türkiye.

The US Department of Commerce has announced the results of the tax review applied to Turkish-origin rebar.

In the statement, it was stated that as a result of the review covering the period between January 1, 2022 and December 31, 2022, the incentive rates were 0.14% for İçdaş Çelik Enerji Tersane ve Ulaşım Sanayi A.Ş. and 2.54% for Kaptan Demir Çelik Endüstrisi ve Ticaret A.Ş. and Çolakoğlu Metalurji A.Ş.

In addition, it was announced that the administrative review for Ans Kargo Lojistik Taş ve Tic, Baykan Dış Ticaret, Kibar Dış Ticaret A.Ş., Meral Makina İml İth İhr Gıda, Sami Soybaş Demir Sanayi ve Ticaret and Yücel Boru İhracat İthalat ve Pazarlama companies was terminated due to the timely withdrawal of the review request.

The final result is expected to be published within 120 days at most from the announcement of the provisional results.

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