The US Department of Commerce (DOC) has made minor adjustments to its final determination in the countervailing duty (CVD) investigation of OCTG from China.
As the result of correcting certain "ministerial errors" in its original calculations, the DOC amended the final subsidy margins for most of the Chinese producers and exporters of OCTG, as follows:
(1) Jiangsu Changbao Steel Tube Co., Ltd. and Jiangsu Changbao Precision Steel Tube Co. Ltd. - 12.46 percent. (The original margin was 11.98 percent.)
(2) Tianjin Pipe (Group) Co; Tianjin Pipe Iron Manufacturing Co. Ltd.; Tianguan Yuantong Pipe Product Co. Ltd.; Tianjin Pipe International Economic and Trading Co. Ltd.; and TPCO Charging Development Co. Ltd. - 10.49 percent. (The original margin was 10.36 percent.)
(3) Wuxi Seamless Pipe Co., Ltd.; Jiangsu Fanli Steel Pipe Co. Ltd.; and Tuoketuo County Menfeng Special Steel Co. Ltd. - 14.95 percent. (The original margin was 14.61 percent.)
(4) Zhejiang Jianli Enterprise Co., Ltd.; Zhejiang Jianli Steel Tube Co. Ltd.; Zhuji Jiansheng Machinery Co. Ltd.; and Zhejiang Jianli Industry Group Co. Ltd. - 15.78 percent. (This margin is unchanged.)
(5) All Other Producers and Exporters - 13.41 percent. (The original margin was 13.20 percent.)
These revised rates go into effect January 20, 2010, when the DOC publishes the CVD order against OCTG from China.