South Korea OCTG: AD Preliminary Negative Determination, No Duties Imposed
The Commerce Department will not suspend liquidation and impose an antidumping duty cash deposit requirement on imports of oil country tubular goods from South Korea (A-580-870), after finding South Korean companies didn't dump subject merchandise in the U.S. in its preliminary AD duty determination. The agency calculated zero AD duty rates for all respondents. Commerce will revisit the issue when it issues its final determination, and may at that point suspend liquidation and impose AD an duty cash deposit requirements if it finds dumping. If Commerce doesn't change its finding, then no AD duty order will be issued.
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According to Commerce's fact sheet on the preliminary determination, South Korea was by far the largest exporter of OCTG to the U.S. among the nine countries currently subject to AD/CV duty investigations (here). In 2013, South Korean companies exported 894,300 tons of OCTG to the United States. India had the next highest total with 139,100 tons.
(The period of investigation is 07/01/12 - 06/30/13. See Commerce's notice for more information, including the scope (unchanged from the initiation), suspension of liquidation, detailed cash deposit instructions, etc. See 13072625 for summary of initiation of this investigation.)
AD/CVD Operations contact -- Emily Halle (202) 482-0176
(Federal Register 02/25/14)