On Monday, the US Department of Commerce (DOC) formally initiated antidumping (AD) investigations of OCTG from India, Korea, the Philippines, Saudi Arabia, Taiwan, Thailand, Turkey, Ukraine, and Vietnam and countervailing duty (CVD) investigations of OCTG from India and Turkey.
The AD notice states that based on the US industry's petitions, the estimated dumping margins are as follows:
(1) India - 12.67 percent to 239.64 percent
(2) Korea - 66.19 percent to 158.53 percent
(3) Philippines - 46.04 percent to 56.38 percent
(4) Saudi Arabia - 53.34 percent
(5) Taiwan - 68.44 percent to 70.98 percent
(6) Thailand - 118.32 percent
(7) Turkey - 44.52 percent to 47.2 percent
(8) Ukraine - 25.75 percent to 30.76 percent
(9) Vietnam - 103.43 percent to 111.47 percent
The CVD notice states that the DOC will investigate 60 alleged subsidy programs for Indian producers and 16 alleged subsidy programs for Turkish producers.
The US International Trade Commission is scheduled to make its preliminary injury determinations in these investigations on August 16, 2013.