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
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