Trade Resources Economy US DOC:CVD Order on Circular Welded Carbon Steel Pipe and Tube From Turkey

US DOC:CVD Order on Circular Welded Carbon Steel Pipe and Tube From Turkey

The US Department of Commerce (DOC) announced Wednesday the preliminary results of its administrative review of the countervailing duty (CVD) order on circular welded carbon steel pipe and tube (standard pipe) from Turkey.

The review covers three producers/exporters – (a) Borusan Mannesmann Boru Sanayi ve Ticaret A.S. and Borusan Istikbal Ticaret T.A.S. (collectively “Borusan”); (b) Erbosan Erciyas Boru Sanayi ve Ticaret A.S. and Erbosan Erciyas Pipe Industry and Trade Co. Kayseri Free Zone Branch (collectively “Erbosan”), and (c) Tosyali dis Ticaret A.S. and Toscelik Profil ve Sac Endustrisi A.S. (collectively “Toscelik”) – during the period from January 1 through December 31, 2012.

The DOC has preliminarily determined the following net subsidy margins: (a) Borusan – 0.31 percent (de minimis); (b) Erbosan – de minimis; and (c) Toscelik – 0.83 percent (de minimis). De minimis margins are treated as zero (0.00 percent) margins.

The DOC has also preliminarily determined that Umran Celik Born Sanayii A.S. (also known as Umran Steel Pipe Inc.), the Yucel Group and all affiliates (including Yucel Boru ye Profil Endustrisi A.S., Yucelboru Ihracat Ithalat ye Pazarlama A.S., and Cayirova Born Sanayi ye Ticaret A.S.), and Guven Steel Pipe (also known as Guven Celik Born San. Ve Tic. Ltd.) had no shipments or sales during the period of review. Accordingly, the DOC has preliminarily determined to rescind the reviews of these companies.

The DOC plans to complete this review by August 2014. Until that time, the current CVD deposit rates will remain in effect. Any change in the deposit rates as a result of this review will become effective only when the DOC's final results are published in the Federal Register.

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

Source: http://www.steelorbis.com/steel-news/latest-news/us-doc-announces-preliminary-margins-against-standard-pipe-from-turkey-825251.htm
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US DOC Announces Preliminary Margins Against Standard Pipe From Turkey
Topics: Metallurgy