US sets final duties on line pipe from four countries
By Justine Coyne / Platts
Petroleumworld 02 22 2019
The US Department of Commerce on Thursday issued its final determinations in the antidumping and countervailing duty investigations of imports of large diameter welded pipe from Canada, Greece, South Korea and Turkey, with the final duty rates differing from the preliminary rates set in 2018.
Imports of large-diameter line pipe from Canada were assigned a final dumping margin of 12.32%, down from a preliminary rate of 24.38% set in August 2018. Line pipe imports from Greece received a final dumping rate of 9.96%, up from an adjusted preliminary rate of 7.45%, while imports from South Korea were assigned a final dumping margin of 7.03%-20.39%, down from preliminary rates of 14.97%-22.21%. The final AD rate for Turkish producers was set at 4.55%-5.05%, which compares with preliminary rates of 3.45%-5.29%.
Commerce also found that exporters from South Korea and Turkey received countervailable subsidies at rates ranging from 0.01%-27.42% for South Korea and 0.92%-3.72% for Turkish producers and exporters. This compares with preliminary CVD rates of 0.01%-3.31% for South Korea and 1.08%-3.76% for Turkey.
The International Trade Commission -- which preliminarily determined that the US market has been injured by imports of these products in March 2018 -- is scheduled to make its final injury determination April 5. If the ITC makes affirmative final injury determinations, Commerce will issue AD and CVD orders. If the ITC makes negative final determinations of injury, the investigations will be terminated and no orders will be issued.
Commerce launched its investigation in February 2018 on behalf of US-based line pipe makers American Cast Iron Pipe, Berg Steel, Dura-Bond, Skyline Steel and Stupp Corp.
The US previously finalized AD duties of 132.63% on line pipe imports from China and 50.55% on imports of these products from India. The US also set a final subsidy rate of 541.15% on line pipe imports from India
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Story by Justine Coyne from Platts / SPGlobal.
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