Annual capacity determination for induction furnace units prescribes formula, documentation, pro rata calculation and approval. Prescribes that the Commissioner shall determine total furnace capacity for induction-furnace production of non-alloy steel ingots and billets primarily from authenticated manufacturer or trader invoices, or alternatively from comparable furnaces, other relevant material, or technical consultation; converts total furnace capacity into a deemed Annual Capacity of Production by applying a specified multiplier; requires the Commissioner to notify the manufacturer of the determined capacity, to apply pro rata calculations for part-year operation or capacity changes, and to require written advance notice and approval for proposed increases or reductions in installed furnace capacity.
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Annual capacity determination for induction furnace units prescribes formula, documentation, pro rata calculation and approval.
Prescribes that the Commissioner shall determine total furnace capacity for induction-furnace production of non-alloy steel ingots and billets primarily from authenticated manufacturer or trader invoices, or alternatively from comparable furnaces, other relevant material, or technical consultation; converts total furnace capacity into a deemed Annual Capacity of Production by applying a specified multiplier; requires the Commissioner to notify the manufacturer of the determined capacity, to apply pro rata calculations for part-year operation or capacity changes, and to require written advance notice and approval for proposed increases or reductions in installed furnace capacity.
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