Ukrainian steel pipe and railway wheel producer Interpipe has announced that the US Department of Commerce (US DOC) has announced the final determinations in the antidumping (AD) duty investigations of imports of certain oil country tubular goods (OCTG) from nine countries including Ukraine.
The US Department of Commerce has assessed a final margin of 6.73 percent on certain OCTG imports from Ukraine.
The US DOC has simultaneously announced the commencement of a suspension agreement with Interpipe, suspending the duty deposit requirements until July 2017.
In accordance with the agreement, no antidumping cash deposits will be required and no antidumping duties will be collected. The US DOC will define minimum prices for OCTG from Interpipe to be sold on the US market.
In light of the determinations, Interpipe will continue to supply OCTG to the US market under the guidelines of the agreement. North American Interpipe will continue to service its customer base as they continue to purchase tubular goods produced by Interpipe mills in Ukraine.