The U.S. Department of Commerce announced its preliminary affirmative determination in the Countervailing Duty (CVD) investigation concerning imports of large diameter graphite electrodes from India into the United States.
Date of receipt: July 27, 2026 at 9:47 PM IST
Quantitative Determination
The U.S. Department of Commerce has determined a preliminary countervailing duty rate of 6.99% for HEG Limited.
Cash deposits at the applicable rate may be required on imports of the subject merchandise into the United States in accordance with applicable U.S. laws and procedures.
Status of Determination
The preliminary determination is subject to verification and final determination by the U.S. Department of Commerce.
The final Countervailing Duty determination is currently scheduled to be announced along with the final Anti-Dumping Duty determination on December 8, 2026, unless postponed.
Financial Impact Assessment
The Company is evaluating the impact of the preliminary determination on its business and financial performance.
At this stage, the financial impact, if any, is not ascertainable.
Company Response
The Company is cooperating with the U.S. Department of Commerce in the ongoing investigation.
HEG Limited will disclose any further material developments, if required, in accordance with applicable laws.
