SynopsisThe US Department of Commerce has released preliminary findings from its antidumping (duty order review on seamless carbon and alloy steel standard, line, and pressure pipe from Ukraine. Ukrainian steel producer Interpipe was found to have sold these products below normal value during the review period. The DOC has calculated a weighted-average dumping margin of 4.99 percent for the company. The final results of the review are expected to be announced within 120 days, with the preliminary antidumping duty becoming effective on September 7.ArticleThe US Department of Commerce has taken a significant step in its administrative review of the antidumping duty order pertaining to seamless carbon and alloy steel standard, line, and pressure pipe (seamless pipe) originating from Ukraine. This review focused on the period spanning from February 10, 2021, to July 31, 2022.During the thorough examination, Ukrainian steel producer Interpipe was found to have engaged in the sale of these specific products at prices below their normal market value. As a result of this determination, the DOC has computed a weighted-average dumping margin of 4.99 percent for Interpipe.It's important to note that these findings are preliminary in nature. The final results of this administrative review are anticipated to be officially announced within 120 days of the publication of these preliminary findings. The preliminary antidumping duty assigned for the country will come into effect starting September 7.This development has the potential to significantly impact trade relations involving seamless pipe between the United States and Ukraine, with potential implications for both industries.ConclusionThe US Department of Commerce's preliminary decision to assign an antidumping duty margin of 4.99 percent on seamless carbon and alloy steel standard, line, and pressure pipe from Ukraine underscores the significance of fair pricing practices in international trade. The finding that Ukrainian steel producer Interpipe sold these products below their market value during the review period highlights the need for transparency and adherence to trade regulations. As the final results of this review are awaited, the preliminary antidumping duty will be in effect starting September 7, marking a crucial phase in trade relations between the two countries.
SynopsisThe US Department of Commerce has released preliminary findings from its antidumping (duty order review on seamless carbon and alloy steel standard, line, and pressure pipe from Ukraine. Ukrainian steel producer Interpipe was found to have sold these products below normal value during the review period. The DOC has calculated a weighted-average dumping margin of 4.99 percent for the company. The final results of the review are expected to be announced within 120 days, with the preliminary antidumping duty becoming effective on September 7.ArticleThe US Department of Commerce has taken a significant step in its administrative review of the antidumping duty order pertaining to seamless carbon and alloy steel standard, line, and pressure pipe (seamless pipe) originating from Ukraine. This review focused on the period spanning from February 10, 2021, to July 31, 2022.During the thorough examination, Ukrainian steel producer Interpipe was found to have engaged in the sale of these specific products at prices below their normal market value. As a result of this determination, the DOC has computed a weighted-average dumping margin of 4.99 percent for Interpipe.It's important to note that these findings are preliminary in nature. The final results of this administrative review are anticipated to be officially announced within 120 days of the publication of these preliminary findings. The preliminary antidumping duty assigned for the country will come into effect starting September 7.This development has the potential to significantly impact trade relations involving seamless pipe between the United States and Ukraine, with potential implications for both industries.ConclusionThe US Department of Commerce's preliminary decision to assign an antidumping duty margin of 4.99 percent on seamless carbon and alloy steel standard, line, and pressure pipe from Ukraine underscores the significance of fair pricing practices in international trade. The finding that Ukrainian steel producer Interpipe sold these products below their market value during the review period highlights the need for transparency and adherence to trade regulations. As the final results of this review are awaited, the preliminary antidumping duty will be in effect starting September 7, marking a crucial phase in trade relations between the two countries.
