Preliminary AD margins set for US line pipe imports from Korea and Turkey

Monday, 18 May 2015 01:52:51 (GMT+3)   |   San Diego
       

The US Department of Commerce (DOC) announced its affirmative preliminary determinations in the antidumping duty (AD) investigations of imports of welded line pipe from the Republic of Korea (Korea) and the Republic of Turkey (Turkey).

The DOC preliminarily determined that welded line pipe from Korea has been sold in the United States at dumping margins ranging from 2.52 percent to 2.67 percent. Welded line pipe from Turkey has been sold in the United States at dumping margins ranging from 3.11 percent to 9.85 percent.

In the Korea investigation, mandatory respondents SeAH Steel Corporation and Hyundai HYSCO received preliminary dumping margins of 2.67 percent and 2.52 percent, respectively. All other producers/exporters in Korea received a preliminary dumping margin of 2.60 percent.

In the Turkey investigation, mandatory respondents Borusan Istikbal Ticaret and Borusan Mannesmann Boru Sanayi ve Ticaret A.S. received a preliminary dumping margin of 9.85 percent, and mandatory respondents Cayirova Boru Sanayi ve Ticaret A.S./Yucel Boru Ithalat-Ihracat ve Pazarlama A.S. and Toscelik Profil ve Sac Endustrisi A.S./Tosyali Dis Ticaret A.S. received preliminary dumping margins of 9.71 percent and 3.11 percent, respectively. All other producers/exporters in Turkey received a preliminary dumping margin of 3.29 percent.

In 2014, imports of welded line pipe from Korea and Turkey were valued at an estimated $543.6 million and $94.7 million, respectively. The DOC is scheduled to announce its final determinations on or about September 29, 2015, as the deadline for these determinations has been fully extended.

 


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