Trade Resources Industry Views US DOC Announces Final Results on Welded Carbon Steel Pipe and Tube Products

US DOC Announces Final Results on Welded Carbon Steel Pipe and Tube Products

The US Department of Commerce (DOC) announced Wednesday the final results of its administrative review of the antidumping order on welded carbon steel pipe and tube products (standard pipe) from Turkey.

The review covered four producers/exporters – (a) The Borusan Group, including Borusan Mannesmann Boru Sanayi ve Ticaret A.S., Borusan Istikbal Ticaret T.A.S., Boruson Holding A.S., Borusan Lojistik Dagitim Depolama Tasimacilik ve Tic A.S. (collectively “Borusan”); (b) Toscelik Profil ve Sac Endustrisi A.S., Toscelik Metal Ticaret A.S., and Tosyali Dis Ticaret A.S. (collectively “Toscelik”); (c) Erbosan Erciyas Boru Sanayi ve Ticaret A.S. (“Erbosan”); and (d) the Yucel Group, including Yucel Boru ve Profil Endustrisi A.S., Yucelboru Ihracat Ithalat ve Pazarlama A.S., and Cayirova Boru Sanayi ve Ticaret A.S. (collectively “Yucel”) – during the period from May 1, 2011 through April 30, 2012.

The DOC calculated final weighted-average dumping margins of 1.79 percent for Borusan and zero (0.00 percent) for Erbosan.These margins compare with Borusan’s previous dumping duty deposit rate of 3.55 percent and Erbosan’s previous rate of 5.57 percent.

The DOC also made a final determination that Toscelik and Yucel had no reviewable entries during the period of review.Toscelik’s current dumping duty deposit rate is 0.00 percent, and Yucel’s rate is 3.28 percent. These rates will remain unchanged.

Accordingly, effective today, December 31, 2013, the dumping duty deposit rates became 1.79 percent for Borusan and 0.00 percent for Erbosan. The dumping duty deposit rates for Toscelik and Yucel remain unchanged. In addition, the DOC will send instructions to U.S. Customs and Border Protection to liquidate entries that were made during the period of review.

There is also a countervailing duty order against standard pipe from Turkey, and the DOC is also conducting an administrative review of that order.

Source: http://www.steelorbis.com/steel-news/latest-news/us-doc-announces-final-results-of-review-for-turkish-standard-pipe-804372.htm
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US DOC Announces Final Results of Review for Turkish Standard Pipe
Topics: Metallurgy