The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the antidumping duty order on certain oil country tubular goods (OCTG) from South Korea.
During the review period from September 1, 2021, to August 31, 2022, South Korean producers were found to have made sales of the subject products at less than normal value.
The DOC has determined weighted-average dumping margins of zero percent for Hyundai Steel Company and 1.18 percent for SeAH Steel Corporation and other companies.
The preliminary antidumping duties are applicable from October 5.