Oil Country Tubular Goods From Italy

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On December 26, 2006, the Department of Commerce ("Commerce") published notice in the Federal Register of its determination that revocation of the countervailing duty ("CVD") order on oil country tubular goods ("OCTG") from Italy would not be likely to lead to continuation or recurrence of a countervailable subsidy. Commerce further stated that it was revoking the CVD order on OCTG from Italy (71 FR 77383) effective July 25, 2006. Accordingly, pursuant to section 751(c) of the Tariff Act of 1930 (19 U.S.C. 1675(c)), the five-year review of the countervailing duty order concerning OCTG from Italy (investigation No. 701-TA-364 (Second Review)) is terminated.