India's Essar Can't Shake Countervailing Duty On Steel

Law360, New York (April 9, 2013, 8:46 PM EDT) -- A federal judge on Tuesday affirmed the 54.68 percent countervailing duty American authorities assigned to steel products from India's Essar Steel Ltd., saying the U.S. Department of Commerce based the number on a reasonable estimate of the subsidies the company received from India's government.

Senior U.S. Court of International Trade Judge Judith Barzilay, who had remanded the duty on hot-rolled carbon steel flat products to the department in October 2012 and ordered the agency to account for how it had arrived at that figure, said the department...
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