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International trade

Preliminary Affirmative Countervailing Duty Determination Against Silicon Metal Producers in Thailand

Strategic Insights

— 1 min read

The U.S. Department of Commerce's International Trade Administration has made a preliminary determination that silicon metal producers and exporters in Thailand have received countervailable subsidies. This finding is based on a trade investigation covering the period from January 1, 2024, through December 31, 2024. The Customs and Border Protection will suspend the liquidation of entries of affected merchandise and require a cash deposit equal to the determined subsidy rate of 31.27% for all producers and exporters.

Key Takeaways:

  • The U.S. Department of Commerce's International Trade Administration has preliminarily determined that silicon metal producers and exporters in Thailand have received countervailable subsidies.
  • The investigation covered a period from January 1, 2024, through December 31, 2024.
  • The Customs and Border Protection will suspend the liquidation of entries of affected merchandise.
  • A cash deposit equal to the determined subsidy rate of 31.27% will be required for all producers and exporters.
  • The companies under investigation, G.S. Energy Co., Ltd. and Sica New Materials (Thailand) Co., Ltd., were found to have received subsidies at the same rate as other producers and exporters.
  • An adverse inference was drawn against the companies under investigation because they did not provide the requested information.
  • The preliminary determination is based on available facts, and a final determination will be made after considering additional information.
  • Following an affirmative final determination, the International Trade Commission will decide whether the imports have caused material injury or a threat of material injury to a U.S. industry.

Statistics:

  • The preliminary determination found that the estimated countervailable subsidy rates for the following companies are:

+ G.S. Energy Co., Ltd.: 31.27%

+ Sica New Materials (Thailand) Co., Ltd.: 31.27%

+ All others: 31.27%

  • The investigation covered a period of 14 months, from January 1, 2024, through December 31, 2024.
  • The cash deposit required will be equal to the determined subsidy rate of 31.27%.
  • The International Trade Commission will make a final determination on the material injury or threat of material injury to a U.S. industry.

Sources:

  • U.S. Department of Commerce International Trade Administration, "Silicon Metal from Thailand: Preliminary Affirmative Countervailing Duty Determination"
  • Federal Register, "Silicon Metal from Thailand: Preliminary Affirmative Countervailing Duty Determination"

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