Trade Cases
Commerce Assigns Duties on Steel Pipe from South Korea
Written by Sandy Williams
December 8, 2017
Preliminary antidumping duties were determined Thursday by the Department of Commerce on circular welded non-alloy steel pipe imports from South Korea.
An antidumping margin of 38.16 percent was assigned to CWP manufactured by Hyundai Steel Co. and 23.17 percent duties on imports from Aju Besteel Co., Nexteel, and SeAH Steel Corp. Husteel received an antidumping rate of 8.18 percent.The investigation covered the period of November 2015 to October 2016
Korean welded pipe exports to the U.S. are estimated at 50,000 tons annually or $27.4 million.
In November, South Korea won a partial victory in a World Trade Organization dispute on duties levied on OCTG products by the U.S. in July 2014. The WTO sided with South Korea arguing the calculations used for determining margins were not based on actual profit data. The U.S. instead applied the term “same general category of products” when comparing global profit margins.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
Canadian agency launches OCTG import probe
Canada has launched an investigation into the alleged dumping of imports of oil country tubular goods (OCTG) by five countries – Korea, the Philippines, Turkey, Mexico, and the United States.
US and China delay reciprocal tariffs, Section 232 tariffs stand
US President Donald Trump extended the US and China’s 90-day pause on planned reciprocal tariffs on Monday.
Price on Trade: 40% Brazil tariffs, Section 232 copper program, and misplaced carbon claims
The administration continues to negotiate deals with US trading partners, and the reciprocal tariff program appears poised for further modification. This week, we focus on other important developments that may have received less media attention.
Leibowitz on trade: Trump’s reciprocal tariffs face mounting legal challenges
The tariffs amount to a wholesale transformation of US trade policy from one promoting increasing international interaction to one of restricting trade to serve national strategic goals.
Steel groups voice different takes on US-EU trade deal
US and European steel trade groups were at odds over their reaction to the recent trade deal President Trump brokered with the EU.