Turkey’s Borusan Mannesmann not to be exempted from Section 232 tariffs

Friday, 17 March 2023 17:17:17 (GMT+3)   |   Istanbul
       

The US Court of Appeals for the Federal Circuit has announced that Turkish pipe maker Borusan Mannesmann and its US-based subsidiary Borusan Mannesmann Pipe US have lost their appeal for exemption from the US Section 232 tariffs. The companies objected to the US Department of Commerce’s (DOC) view that a 25 percent tariff should be applied in addition to the existing antidumping duties.

The DOC stated that the antidumping duties and the tariffs imposed under Section 232 serve “separate and distinct” functions.

Meanwhile, in February this year, as a result of legal action Borusan Mannesmann fully collected the $48.9 million in duties paid, including $7.5 million in interest, during the 2018-19 period for pipes supplied to the Gulf Coast Express Pipeline (GCX) Project in the US, as SteelOrbis previously reported.