The US Department of Commerce (DOC) announced on December 24, 2008 the preliminary results of its administrative review of the antidumping (AD) order against certain welded stainless steel pipes from South Korea, for the period of review (POR) December 1, 2006 through November 30, 2007.
The review covers one manufacturer/exporter, SeAH Steel Corporation (SeAH), which the Department preliminarily determines that SeAH made sales to the US at less than normal value (NV).
The DOC preliminarily calculated a weighted-average dumping margin of 4.10 percent for SeAH. This margin compares with SeAH's current dumping duty deposit rate of 1.02 percent.
The cash deposit rate will be the rate established in the final results of this review, while the current cash deposit rate is 7.00 percent.
The DOC plans to complete this review by April 2009, and the current dumping duty deposit rate will remain in effect until the DOC's final result is published in the federal Register.