Synopsis: The US Department of Commerce has released the final results of its antidumping review concerning large diameter welded pipes from South Korea. The DOC found that South Korea's HiSteel and 21 other companies sold these goods below normal value during the review period, while Hyundai Steel did not. Weighted-average dumping margins of 6.17% were determined for HiSteel and the 21 companies, and Hyundai Steel received a zero% margin. These final AD duties became effective on October 18.Article: In a significant development, the US Department of Commerce (DOC) has officially disclosed the final results of its administrative review pertaining to the antidumping (AD) duty order on large diameter (LD) welded pipes originating from South Korea. This review spanned the period from May 1, 2021, to April 30, 2022.The DOC's comprehensive evaluation has led to the determination that South Korea's HiSteel and 21 other companies engaged in the sale of the subject goods at prices below their normal value during the review period. However, Hyundai Steel, another major player in the industry, was found not to have sold these products at less than their normal value.Based on these findings, the DOC has established weighted-average dumping margins of 6.17% for HiSteel and the 21 other companies involved. Notably, Hyundai Steel received a zero% margin, aligning with the preliminary results that were previously disclosed.Subsequently, the final antidumping duties, as determined by the DOC, have become applicable as of October 18, 2023. These duties pertain to a specific category of merchandise covered under various subheadings of the Harmonized Tariff Schedule of the United States (HTSUS).Conclusion: The US Department of Commerce (DOC) has officially concluded its administrative review of the antidumping (AD) duty order concerning large diameter (LD) welded pipes imported from South Korea. The review found that South Korean company HiSteel and 21 other entities engaged in the sale of these goods below their normal value during the review period. In contrast, Hyundai Steel was not deemed to have sold these products at less than their normal value. The DOC has established weighted-average dumping margins of 6.17% for HiSteel and the other companies, while Hyundai Steel received a zero% margin. These final AD duties took effect on October 18, 2023.
Synopsis: The US Department of Commerce has released the final results of its antidumping review concerning large diameter welded pipes from South Korea. The DOC found that South Korea's HiSteel and 21 other companies sold these goods below normal value during the review period, while Hyundai Steel did not. Weighted-average dumping margins of 6.17% were determined for HiSteel and the 21 companies, and Hyundai Steel received a zero% margin. These final AD duties became effective on October 18.Article: In a significant development, the US Department of Commerce (DOC) has officially disclosed the final results of its administrative review pertaining to the antidumping (AD) duty order on large diameter (LD) welded pipes originating from South Korea. This review spanned the period from May 1, 2021, to April 30, 2022.The DOC's comprehensive evaluation has led to the determination that South Korea's HiSteel and 21 other companies engaged in the sale of the subject goods at prices below their normal value during the review period. However, Hyundai Steel, another major player in the industry, was found not to have sold these products at less than their normal value.Based on these findings, the DOC has established weighted-average dumping margins of 6.17% for HiSteel and the 21 other companies involved. Notably, Hyundai Steel received a zero% margin, aligning with the preliminary results that were previously disclosed.Subsequently, the final antidumping duties, as determined by the DOC, have become applicable as of October 18, 2023. These duties pertain to a specific category of merchandise covered under various subheadings of the Harmonized Tariff Schedule of the United States (HTSUS).Conclusion: The US Department of Commerce (DOC) has officially concluded its administrative review of the antidumping (AD) duty order concerning large diameter (LD) welded pipes imported from South Korea. The review found that South Korean company HiSteel and 21 other entities engaged in the sale of these goods below their normal value during the review period. In contrast, Hyundai Steel was not deemed to have sold these products at less than their normal value. The DOC has established weighted-average dumping margins of 6.17% for HiSteel and the other companies, while Hyundai Steel received a zero% margin. These final AD duties took effect on October 18, 2023.
