On Monday, the US Department of Commerce (DOC) announced the final results of its administrative review of the antidumping (AD) order on oil country tubular goods (OCTG) from China.
The review covered the Chengde group of companies - Jiangsu Chengde Steel Tube Share Co., Ltd.; Taizhou Chengde Steel Tube Co., Ltd.; and Yangzhou Chengde Steel Tube Co., Ltd. - during the period from May 19, 2010 through April 30, 2011.
The DOC calculated a final dumping margin of 172.54 percent for the Chengde Group. The previous dumping duty deposit rate for the Chengde Group was 32.07 percent.
The DOC also rescinded the reviews of 52 other Chinese producers/exporters because US Steel, which had originally requested that these companies be reviewed, withdrew its request.
Accordingly, effective today, December 17, 2012, the dumping duty deposit rate became 172.54 percent for the Chengde Group. In addition, the DOC will send instructions to US Customs and Border Protection to liquidate entries that were made during the period of review.