Trade Court Stays Countervailing Duty Case
The Court of International Trade stayed proceedings in a countervailing duty case brought by PAO TMK, a member of the TMK group companies, in a Dec. 29 order. The case concerns the CVD investigation into seamless pipe from Russia, in which the Commerce Department found that TMK received countervailable subsidies through the provision of natural gas and through loans from Russian state-owned banks. Following a consent motion to stay, the trade court stayed the action until 75 days after the final ruling in the case and all subsequent remands (PAO TMK v. U.S., CIT #21-00531).