Today, the Department of Commerce announced its final determinations in the antidumping and countervailing duty investigations on imports of welded pipe from Korea and Turkey.
The DOC determined that imports of welded line pipe from Korea and Turkey have been sold in the United States at dumping margins ranging from 2.53 percent to 6.19 percent and 6.66 percent to 22.95 percent, respectively. Commerce also determined that imports of welded line pipe from Turkey have received countervailable subsidies ranging from 1.31 percent to 152.20 percent. A negative final determination was found in the CVD investigation of imports of welded pipe from Korea.
The investigations cover circular welded carbon and alloy steel line pipe not more than 24 inches in nominal outside diameter. Such welded line pipe is typically used in oil and gas pipelines.
Final dumping and subsidy margins are as follows:
Korea AD margins:
SeAH Steel Corporation 2.53 percent
Hyundai HYSCO 6.19 percent
All other producers/exporters in Korea 4.36 percent.
Turkey AD margins:
Borusan Istikbal Ticaret 22.95 percent
Borusan Mannesmann Boru Sanayi ve Ticaret A.S. 22.95 percent
Cayirova Boru Sanayi ve Ticaret A.S./Yucel Boru Ithalat-Ihracat ve Pazarlama A.S. 22.95 percent
Toscelik Profil ve Sac Endustrisi A.S./Tosyali Dis Ticaret A.S. 6.66 percent
All other producers/exporters in Turkey 7.10 percent
Turkey CVD subsidy rates:
Tosyali Dis Ticaret A.S. 1.31 percent
Borusan Mannesmann Boru Sanayi ve Ticaret A.S. 152.20 percent (based on an adverse facts available finding due to its lack of participation during verification)
All other producers/exporters in Turkey 1.31 percent.
Korea CVD subsidy rates:
A negative final determination was found for imports from NEXTEEL CO. Ltd and SeAH Steel Corp. due to calculation of de minimus final subsidy rates of 0.28 percent and 0.44 percent, respectively.
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