SynopsisThe US Department of Commerce has concluded its review of antidumping duties on large diameter welded pipes from Turkey. Turkish steel producers, including HDM Celik Boru Sanayi Ve Ticaret AS, were found not to have sold these products below normal value. The DOC has assigned a weighted-average dumping margin of zero percent, effective from September 7.ArticleIn a recent development, the US Department of Commerce has finalized its administrative review of the antidumping duty order concerning large diameter welded pipes originating from Turkey. This review encompassed the period spanning from May 1, 2021, to April 30, 2022.The findings of the DOC reveal that Turkish steel manufacturers, including prominent entities like HDM Celik Boru Sanayi Ve Ticaret AS, were not engaged in selling these specific products at prices below their normal market value during the assessed period. Additionally, it has come to light that four Turkish companies refrained from making any shipments during the review timeframe.In light of these outcomes, the DOC has established a weighted-average dumping margin of zero percent for the country, aligning with the preliminary results of the review.It is important to note that the application of the antidumping duty with a zero percent margin will take effect from September 7, reflecting the DOC's determination.This decision holds significance for the trade dynamics between the United States and Turkey, particularly in the context of steel and related industries.ConclusionThe US Department of Commerce's ruling to assign a zero percent dumping margin on large diameter welded pipes from Turkey underscores the importance of fair trade practices and pricing transparency. This outcome reflects the DOC's assessment that Turkish steel producers did not engage in selling these products below their market value during the review period. The effective date of September 7 for this decision marks a pivotal moment in trade relations between the two nations.
SynopsisThe US Department of Commerce has concluded its review of antidumping duties on large diameter welded pipes from Turkey. Turkish steel producers, including HDM Celik Boru Sanayi Ve Ticaret AS, were found not to have sold these products below normal value. The DOC has assigned a weighted-average dumping margin of zero percent, effective from September 7.ArticleIn a recent development, the US Department of Commerce has finalized its administrative review of the antidumping duty order concerning large diameter welded pipes originating from Turkey. This review encompassed the period spanning from May 1, 2021, to April 30, 2022.The findings of the DOC reveal that Turkish steel manufacturers, including prominent entities like HDM Celik Boru Sanayi Ve Ticaret AS, were not engaged in selling these specific products at prices below their normal market value during the assessed period. Additionally, it has come to light that four Turkish companies refrained from making any shipments during the review timeframe.In light of these outcomes, the DOC has established a weighted-average dumping margin of zero percent for the country, aligning with the preliminary results of the review.It is important to note that the application of the antidumping duty with a zero percent margin will take effect from September 7, reflecting the DOC's determination.This decision holds significance for the trade dynamics between the United States and Turkey, particularly in the context of steel and related industries.ConclusionThe US Department of Commerce's ruling to assign a zero percent dumping margin on large diameter welded pipes from Turkey underscores the importance of fair trade practices and pricing transparency. This outcome reflects the DOC's assessment that Turkish steel producers did not engage in selling these products below their market value during the review period. The effective date of September 7 for this decision marks a pivotal moment in trade relations between the two nations.
