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    OCTG from Korea - The Particular Market Situation Case

    Written by Lewis Leibowitz


    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, SMU Contributor

    Lewis Leibowitz

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