On October 16th 2012, the Department of Commerce announced its affirmative final determination in the antidumping investigation of imports of circular welded carbon quality steel pipe (circular welded pipe) from the Socialist Republic of Vietnam. Commerce also announced its negative final determination in the countervailing duty investigation of imports of certain steel pipe from Vietnam.

Commerce determined that producers and exporters from Vietnam have sold circular welded pipe in the United States at dumping margins ranging from 3.96% to 27.96%. Commerce also determined that producers and exporters from Vietnam did not receive countervailable subsidies.

In the AD investigation, mandatory respondents SeAH Steel VINA Corporation and Vietnam Haiphong Hongyuan Machinery Manufactory Co Limited were determined to have final dumping margins of 3.96% and 5.17%, respectively.

Three other producers and exporters received a separate rate of 4.57%. All remaining producers and exporters from Vietnam received a final dumping rate of 27.96%.

In the CVD investigation, Commerce determined that neither of the mandatory respondents, SeAH Steel VINA Corporation and Vietnam Haiphong Hongyuan Machinery Manufactory Co Limited, received countervailable subsidies. Therefore, Commerce determined that countervailable subsidies are not being provided to producers and exporters in Vietnam of circular welded pipe.

As a result of the final AD determination, Commerce will instruct US Customs and Border Protection to collect cash deposits or bonds equal to the applicable weighted-average dumping margins.

As a result of the negative final CVD determination, Commerce is terminating the CVD investigation. Commerce will order the release of any bond or other security and refund any cash deposits that were collected for shipments of subject merchandise entered, or withdrawn from

Source - US Bureau of Census

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