The US Department of Commerce (DOC) announced Friday its affirmative final determinations in the antidumping duty (AD) investigations of imports of OCTG from India, Korea, the Philippines, Saudi Arabia, Taiwan, Thailand, Turkey, Ukraine, and Vietnam, and countervailing duty (CVD) investigations of imports of OCTG from India and Turkey.
In the India AD investigation, mandatory respondents Jindal SAW Ltd and GVN Fuels Limited, received final dumping margins of 9.91 percent and 2.05 percent, respectively. All other producers/exporters in India received a final dumping margin of 5.79 percent.
In the Korea AD investigation, mandatory respondents, Hyundai HYSCO and NEXTEEL Co., Ltd., received final dumping margins of 15.75 percent and 9.89 percent, respectively. All other producers/exporters in Korea received a final dumping margin of 12.82 percent.
In the Philippines AD investigation, mandatory respondent, HLD Clark Steel Pipe Co., Inc., received a final dumping margin of 9.88 percent. All other producers/exporters in the Philippines also received a final dumping margin of 9.88 percent.
In the Saudi Arabia AD investigation, mandatory respondent Duferco SA received a final dumping margin of 2.69 percent. All other producers/exporters in Saudi Arabia also received a final dumping margin of 2.69 percent.
In the Taiwan AD investigation, mandatory respondents Chung Hung Steel Corp. and Tension Steel Industries Co., Ltd., received final dumping margins of 0.00 percent and 2.52 percent, respectively. All other producers/exporters in Taiwan received a final dumping margin of 2.52 percent.
In the Thailand investigation, the sole mandatory respondent, WSP Pipe Co., Ltd. (WSP), failed to answer Commerce’s questionnaire. As a result, WSP received a dumping margin of 118.32 percent based on facts available and by drawing adverse inferences. This is the sole margin contained in the petition. Because the petition contained only one alleged dumping margin, all other producers/exporters in Thailand also received a final dumping margin of 118.32 percent.
In the Turkey AD investigation, mandatory respondent Borusan Mannesmann Boru Sanayi ve Ticaret and Borusan Istikbal Ticaret received a final dumping margin of 0.00 percent and mandatory respondent ?ayirova Boru Sanayi ve Ticaret A.?. and Yücel Boru Ithalat-Ihracat ve Pazarlama A.?. (collectively, "Yücel") received a final dumping margin of 35.86 percent. All other producers/exporters in Turkey received a final dumping margin of 35.86 percent.
In the Ukraine AD investigation, on July 10, 2014, an agreement was signed suspending the investigation. However, because Commerce received requests to continue the investigation, the investigation was completed. Mandatory respondent Interpipe Europe S.A. (and its affiliates), received a final dumping margin of 6.73 percent. All other producers/exporters in Ukraine also received a final dumping margin of 6.73 percent. In light of the suspension agreement, no antidumping cash deposits will be required, and no duties will be collected, while the agreement remains in effect.
In the Vietnam AD investigation, mandatory respondent SeAH Steel VINA Corporation received a final dumping margin of 24.22 percent. The other mandatory respondent, Hot Rolling Pipe Co., Ltd. failed to answer Commerce’s questionnaire. As a result, Hot Rolling Pipe Co., Ltd.’s exports of OCTG will be subject to the Vietnam-wide dumping margin 111.47 percent which was based on facts available and by drawing adverse inferences. This is the highest margin alleged in the petition.
In the India CVD investigation, mandatory respondent Jindal SAW Ltd received a final subsidy rate of 19.11 percent and mandatory respondent GVN Fuels Ltd along with Jindal Pipes Ltd and Maharashtra Seamless Ltd received a final subsidy rate of 5.67 percent. All other producers/exporters in India received a final subsidy rate of 12.39 percent.
In the Turkey CVD investigation, mandatory respondent Borusan Istikbal Ticaret, Borusan Mannesmann Boru Sanayi, Borusan Mannesmann Boru Yatirim Holding A.S., and Borusan Holding A.S. received a final subsidy rate of 15.89 percent and mandatory respondent Tosyali Dis Ticaret A.S, Tos?elik Profil ve Sac Endustrisi A.S., Tosyali Elektrik Enerjisi Toptan Satis Ith. Ihr. A.S., Tosyali Holding A.S., and Tosyali Demir Celik San. A.S. received a final subsidy rate 2.53 percent. All other producers/exporters in Turkey received a final subsidy rate of 9.21 percent.
Additionally, based on allegations filed in all cases except Saudi Arabia, Taiwan, and Thailand, Commerce found that critical circumstances existed in certain instances. Where critical circumstances were found, CBP will be instructed to impose provisional measures retroactively on entries of OCTG up to 90 days prior to initial suspension of liquidation.
