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DOC Releases Preliminary CVD on OTR Tires

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Tuesday evening, the Department of Commerce announced its preliminary determinations in the countervailing duty investigations of imports of certain new pneumatic OTR tires from India and Sri Lanka.

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The DOC announced a preliminary subsidiary rate of 4.7% for Balkrishna Industries Limited (BKT) and 7.64% for ATC Tires Private Limited. All other tire producers and exporters from India received a rate of 6.17%.

In the Sri Lanka investigation, the DOC assigned a 2.9% rate to all producers and exports from Sri Lanka.

Click here for a detailed factsheet on the preliminary duties.

The Commerce Department will announce final determinations on or near Oct. 28.

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