The US Department of Commerce (DOC) announced Tuesday the preliminary results of its administrative review of the countervailing duty (CVD) order on welded carbon steel standard pipe and tube from Turkey.
The review covers three Turkish producers/exporters - the Borusan Group, consisting of Borusan Mannesmann Boru Sanayi ve Ticaret A.S. and Borusan Istikbal Ticaret T.A.S.; the Erbosan Group, consisting of Erbosan Erciyas Boru Sanayi ve Ticaret A.S. and Erbosan Erciyas Pipe Industry and Trade Co. Kayseri Free Zone Branch; and the Toscelik Group, consisting of Tosyali dis Ticaret A.S. and Toscelik Profil ve Sac Endustrisi A.S. - during calendar year 2011.
The DOC has calculated preliminary subsidy margins of 0.24 percent for the Borusan Group; 0.30 percent for the Erbosan Group; and 0.29 percent for the Toscelik Group. These margins are de minimis.
Currently, the countervailing duty deposit rates for the Borusan Group and the Toscelik Group are zero, whereas the countervailing duty deposit rate for the Erbosan Group is 3.97 percent.
The DOC plans to complete this administrative review by August 2013. Until that time, the current countervailing duty deposit rates will remain in effect. Any change in the deposit rates as a result of this review will become effective only when the DOC's final results are published in the Federal Register.
There is also an antidumping (AD) order on welded carbon steel standard pipe and tube from Turkey. The dumping duty deposit rates are 3.55 percent for the Borusan Group; 5.57 percent for the Erbosan Group; and 0.00 percent for the Toscelik Group.