OCTG from Korea - The Particular Market Situation Case

The following article on the recent OCTG ruling from the Republic of Korea is from trade attorney Lewis Leibowitz. We will provide his contact information at the end of the article:

Last Tuesday, the US Commerce Department published its final determination on antidumping duties for the first administrative review period on oil Country tubular goods from the Republic of Korea. Commerce reversed its preliminary determination of last October, deciding that a “particular market situation” (“PTMS”—PMS was already taken :-)) existed in Korea concerning the cost of hot-rolled steel coil (“HRC”). Commerce adjusted the “normal value” of the subject OCTG for the mandatory respondents (SeAH and NEXTEEL). The rates went up for NEXTEEL, but they did not increase for SeAH.

Lewis Leibowitz

Lewis Leibowitz, owner of the Law Office of Lewis E. Leibowitz, practices in the areas of international trade law, customs law, and international commercial transactions. He represents clients before all federal courts and agencies dealing with international trade matters. Mr. Leibowitz advises and assists clients in diverse matters including trade remedies, customs, foreign-trade zones and free trade agreements, trade negotiations, and related matters. He can be reached at lewis.leibowitz@lellawoffice.com.

Lewis Leibowitz

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