US DOC amends final dumping margin against Saudi Arabian OCTG

Wednesday, 20 August 2014 01:52:30 (GMT+3)   |   San Diego
       

The US Department of Commerce (DOC) published its amended final determination in the antidumping (AD) investigation of OCTG from Saudi Arabia in Tuesday’s issue of the Federal Register.

As the result of correcting ministerial errors, the DOC amended the final dumping margin for the only mandatory respondent – Jubail Energy Services Company (JESCO) – to a de minimis level.

This means that the DOC has now made a negative final dumping determination with respect to OCTG from Saudi Arabia.

Accordingly, the DOC has terminated the AD investigation of OCTG from Saudi Arabia.  The DOC will also instruct US Customs and Border Protection (CBP) to terminate the suspension of liquidation on all entries of OCTG from Saudi Arabia and to refund all cash deposits previously required on entries of OCTG from Saudi Arabia.

As the result of the DOC’s amended determination, the U.S. International Trade Commission (ITC) has reopened the record of its investigation so that (a) the DOC’s amended final determination can be incorporated into the ITC’s record and (b) parties may submit comments to the ITC regarding the DOC’s amended final determination.  Such comments are due today, August 18, and the ITC has postponed its vote in the OCTG investigation to Friday, August 22.


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