OCTG Preliminary Findings Released

India received the following: Jindal SAW Ltd received preliminary dumping margin of 55.29 percent. GVN Fuels, Ltd received 0.00 percent. All other producers/exporters from India received a preliminary dumping margin of 55.29 percent.

The Philippines received a preliminary dumping margin of 8.90 percent (all producers/exporters).

Saudi Arabia with its mandatory respondent – Duferco SA – as well as all other producers/exporters received a preliminary dumping margin of 2.92 percent.

Taiwan’s Chung Hung Steel Corp received 0.00 percent and Tension Steel 2.65 percent. All other producers/exporters 2.65 percent.

Thailand’s mandatory respondent WSP Pipe Co. Ltd. failed to respond and received a dumping margin based on adverse inferences of 118.32 percent. All other producers/exporters from Thailand received a preliminary dumping margin of 118.32 percent.

Turkey’s mandatory respondents Borusan and Yucel received 0.00 percent and 4.87 percent respectively. All other producers/exporters received 4.87 percent.

Ukraine’s mandatory respondent was Interpipe Europe S.A. and all other producers/exporters received a preliminary dumping margin of 5.31 percent.

Vietnam saw one producer – SeAH Steel VINA Corporation received a preliminary dumping margin of 9.57 percent. All other producers/exporters including Hot Rolling Pipe Co., Ltd got 111.47 percent.

The US DOC document stated that all of those who received preliminary dumping margins are required to provide “cash deposits based on the preliminary rates calculated in these investigations.” Korea was found not to owe any duties and is not required to provide any cash deposits.

Steel Market Update is producing a couple of articles on the subject as many feel this suit may be one of the most important for the domestic steel industry since the Section 201’s which go back to the 1980’s.