The US Department of Commerce (DOC) announced Wednesday the final results of its administrative review of the countervailing duty (CVD) order on welded carbon steel standard pipe and tube from Turkey.
The review covered 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 calculated final subsidy margins of 0.19 percent for the Borusan Group and 0.30 percent for the Erbosan Group. These margins are de minimis.
However, the DOC calculated a final subsidy margin of 0.83 percent for the Toscelik Group.
Accordingly, effective today, October 30, 2013, the countervailing duty deposit rate remains zero (0.00) percent for the Borusan Group and becomes zero (0.00) percent for the Erbosan Group. For the Toscelik Group, the countervailing duty deposit rate goes from zero (0.00) percent to 0.83 percent. In addition, the DOC will send instructions to U.S. Customs and Border Protection to liquidate entries that were made during the period of review at the applicable CVD rates from this review.
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. The DOC is currently conducting an administrative review of the AD order.