The US Department of Commerce (DOC) announced Monday the preliminary results of its administrative review of the countervailing duty (CVD) order on welded carbon steel standard pipe and tube from Turkey.
The review covers two Turkish producers/exporters--the Borusan Group, consisting of Borusan Mannesmann Boru Sanayi ve Ticaret A.S. and Borusan Istikbal Ticaret T.A.S.; and the Toscelik Group, consisting of Tosyali dis Ticaret A.S. and Toscelik Profil ve Sac Endustrisi A.S.--during calendar year 2010.
The DOC has calculated preliminary subsidy margins of 0.27 percent for the Borusan Group and 0.35 percent for the Toscelik Group. Both margins are de minimis.
Currently, the countervailing duty deposit rates for the Borusan Group and the Toscelik Group are zero, whereas the dumping duty deposit rates are 4.46 percent for the Borusan Group and 0.95 percent for the Toscelik Group.
The DOC plans to complete this administrative review by August 2012. Until that time, the current countervailing duty deposit rates will remain in effect. Any change in the deposit rates as a result of this review will become effective only when the DOC's final results are published in the Federal Register.
The products covered by this order are certain welded carbon steel pipe and tube with an outside diameter of 0.375 inch or more, but not over 16 inches, of any wall thickness (pipe and tube) from Turkey. These products are currently provided for under the Harmonized Tariff Schedule of the United States (HTSUS) as item numbers: 7306.30.10, 7306.30.50 and 7306.90.10.