Turkey and S. Korea Dumping Steel Line Pipe, But Korea Escapes CV Duties
The Commerce Department announced final determinations in the anti-dumping investigations of imports of welded line pipe from South Korea and Turkey, and the countervailing duties investigation of imports of welded line pipe from Turkey.
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Commerce also announced a negative final determination in the countervailing duties investigation of imports of welded line pipe from Korea. This means the countervailing investigation is terminated and no Korean producers or exporters will be subject to cash deposits for countervailing duties.
The investigations cover circular welded carbon and alloy steel line pipe not more than 24 inches in nominal outside diameter. Such welded line pipe is typically used in oil and gas pipelines.
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Commerce determined that imports of welded line pipe from South Korea and Turkey have been sold in the US at dumping margins ranging from 2.53% to 6.19% and 6.66% to 22.95%, respectively. Commerce also determined that imports of welded line pipe from Turkey have received countervailable subsidies ranging from 1.31% to 152.20%.
Line pipe is not part of OCTG. OCTG is tubing, casing and drill pipe (in ground). Line pipe is used above ground to transport.
You are right, Andrew. I confused this investigation with another South Korean anti-dumping case. My apologies.