Trade Cases
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/61bab47d54369f0a8f95a3730b760aa8.jpg)
South Korean Pipe Duties Remanded by USCIT
Written by Sandy Williams
September 13, 2015
US steel pipe makers were surprised by a Sept. 2 US Court of International Trade decision calling for a reconsideration of profit calculations on imports of OCTG steel pipes from South Korea.
South Korean producers complained that the duties set were too high and that proper procedures were not followed when determining duties. The Dept. of Commerce imposed duties of 15.75 percent on pipe from Hundai Hysco, 9.89 percent from Nexteel and 12.82 percent for all other South Korean producers.
South Korea was considered the biggest offender in the trade complaint by US steel companies. Also included in the complaint were imports from India, Taiwan, Turkey, Ukraine and Vietnam.
“South Korea is a critical part of the case due to the tonnage involved and the potential for further harm to an already challenged market,” said a spokesperson from the Steel Manufactures Association.
“We remain optimistic that the final decision will adequately address the harm that has been done to domestic steel producers, their employees, and their surrounding communities.”
The Department of Commerce has until November 2 to file its remand results. Any change to NEXTEEL’s or HYSCO’s dumping margins shall be reflected in the all-others rate assigned to Husteel, AJU Besteel, SeAH, and ILJIN.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/04/sandy-williams.jpeg)
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/fist.png)
Steel industry groups urge House action on LTPF 2.0
Six steel industry organizations have urged House Speaker Mike Johnson to include the Leveling the Playing Field 2.0 Act in any proposed package of legislation against China’s "unfair" trade practices.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/07/CRU-Logo-2023-07-21-at-4.35.41-PM.png)
CRU: Poor steel margins continue to push down raw material prices
Both iron ore and coking coal prices fell this week because of resistance from buyers. Iron ore prices have continued to fall throughout the past week, following sharp declines in steel prices in China, given no new policy announcement from the ‘Third Plenum’ meeting.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/07/CRU-Logo-2023-07-21-at-4.35.41-PM.png)
CRU: Imports cause concern in India and Vietnam
High levels of steel imports, especially from China, in recent months are worrying steel makers in India and Vietnam.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/04/Price-Alan-FullRes-3000px-scaled.jpg)
Price: The new greenwashing – subsidies to bail out obsolete, excess capacity
The United Kingdom and other countries are using the “green” label to subsidize bailouts of obsolete, inefficient, and excess capacity that should exit the market. US steelmakers have invested billions of dollars in technologies that curb greenhouse gas output. These investments have been market-based and led by EAF producers such as Nucor, Steel Dynamics, and CMC.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/AISI.png)
AISI, AISC, University of Massachusetts get ~$6.4M EPA grant
The American Iron and Steel Institute (AISI), American Institute of Steel Construction (AISC), and the University of Massachusetts at Amherst have received a grant to enhance emissions reporting for steel construction projects.