US DOC CVD on Seamless Pipe Imports from Russia & South Korea
Seamless PipesAmigo Impex

US DOC CVD on Seamless Pipe Imports from Russia & South Korea

US Department of Commerce announced affirmative preliminary determinations in the countervailing duty investigations of seamless carbon

US Department of Commerce announced affirmative preliminary determinations in the countervailing duty investigations of seamless carbon and alloy steel standard, line, and pressure pipe imports from Russia and South Korea. Commerce preliminarily determined that exporters from Russia and South Korea received countervailable subsidies at rates of 4.39 percent, and 2.13 percent, respectively. As a result of today’s decision, Commerce will instruct US Customs and Border Protection to collect cash deposits from importers of seamless carbon and alloy steel standard, line, and pressure pipe from Russia and South Korea based on the preliminary rates noted above.

The petitioner is Vallourec Star LP of Houston in Texas.

Commerce is scheduled to announce its final CVD determinations in these cases on or about April 19, 2021, unless the deadline is extended. If Commerce makes affirmative final determinations, the US International Trade Commission will be scheduled to make its final injury determinations on or about June 3, 2021. If Commerce makes affirmative final determinations in these investigations and the ITC makes affirmative final injury determinations, Commerce will issue CVD orders. If Commerce makes negative final determinations of dumping or the ITC makes negative final determinations of injury, the investigations will be terminated and no orders will be issued.

In 2019, imports of seamless carbon and alloy steel standard, line, and pressure pipe from Russia and South Korea were valued at an estimated, USD 39.5 million and USD 24.4 million, respectively.

Commerce is conducting concurrent antidumping duty investigations of seamless carbon and alloy steel standard, line, and pressure pipe from the Czech Republic, Russia, South Korea and Ukraine. The preliminary AD determination for Czech Republic is scheduled to be announced on December 16. The preliminary AD determinations for Russia, South Kore, and Ukraine are scheduled to be announced on February 4, 2021.

No stories found.
SteelGuru Business News
www.steelguru.com