DOC releases preliminary CVD ruling on Turkish and Korean line pipe

Wednesday, 18 March 2015 00:29:02 (GMT+3)   |   San Diego
       

The US Department of Commerce (DOC) announced Tuesday its affirmative preliminary determination in the countervailing duty (CVD) investigation of imports of welded line pipe from the Republic of Turkey and its negative preliminary determination in the CVD investigation of imports of welded line pipe from the Republic of Korea.

In the Korea investigation, the DOC preliminarily determined that mandatory respondents NEXTEEL Co. Ltd. and SeAH Steel Corporation received subsidy rates of 0.47 percent and 0.52 percent, respectively. These rates are considered de minimis under US law, resulting in a negative preliminary determination that applies to the country as a whole.

In the Turkey investigation, the DOC preliminarily determined that mandatory respondents Borusan Mannesmann Boru Sanayi ve Ticaret A.S. and Tosyali Dis Ticaret A.S. received subsidy rates of 8.85 percent and 3.76 percent, respectively. All other producers/exporters in Turkey have been assigned a preliminary subsidy rate of 4.36 percent.

As a result of the preliminary affirmative determination for Turkey, Commerce will instruct US
Customs and Border Protection to require cash deposits based on these preliminary rates. However, as a result of the negative preliminary determination for Korea, no cash deposit will be required for imports of welded line pipe from Korea.

The petitioners for these investigations are: American Cast Iron Pipe Company (Birmingham, AL); Energex, a division of JMC Steel Group (Chicago, IL); Maverick Tube Corporation (Houston, TX); Northwest Pipe Company (Vancouver, WA); Stupp Corporation, a division of Stupp Bros., Inc. (Baton Rouge, LA); Tex-Tube Corporation (Houston, TX); TMK IPSCO (Houston, TX); and Welspun Tubular LLC USA (Little Rock, AR).

The DOC has aligned these CVD investigations with the concurrent antidumping duty investigations of welded line pipe from Turkey and Korea, and is scheduled to announce its final determinations on or about July 29, 2015, unless the statutory deadline is extended. The ITC is currently scheduled to make its final injury determinations in September 2015.


Similar articles

US and Canadian rig counts decline week-on-week

26 Apr | Steel News

Local Chinese steel pipe prices stable or up slightly

25 Apr | Tube and Pipe

Saudi Arabia’s Al Yamamah Steel begins production at newly expanded Jeddah pipe plant

25 Apr | Steel News

Japanese crude steel output up 2.9 percent in March from February

23 Apr | Steel News

US structural pipe and tube exports up 9.9 percent in February

22 Apr | Steel News

US rig count increases slightly while Canadian count plunges again

19 Apr | Steel News

US structural pipe and tube imports down 6.5 percent in February

19 Apr | Steel News

Local Chinese steel pipe prices fluctuate slightly or move sideways

19 Apr | Tube and Pipe

Turkey’s welded pipe exports up 26.3 percent in January-February

17 Apr | Steel News

Austria’s Benteler Steel/Tube to build HR seamless steel tubes threading facility in US

17 Apr | Steel News