South Korea OCTG: Commerce Corrects Earlier Amended Final Results of AD Admin Review
The Commerce Department is correcting its recently amended final results (see 2312260040) of the antidumping duty administrative review on certain oil country tubular goods (OCTG) from South Korea (A-580-870), covering the period Sept. 1, 2019, through Aug. 31, 2020.
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The amended rates for four companies are still the same as published Dec. 27, 2023, but Commerce said it should have said that none of the companies has a superseding cash deposit rate, i.e., there haven't been final results published in a subsequent administrative review. Therefore, Commerce will issue revised cash deposit instructions to CBP.
All new rates were applicable Dec. 18, 2023, as follows:
| Exporter | AD Rate |
|---|---|
| Hyundai Steel Company | 9.63% |
| AJU Besteel Co., Ltd. | 6.74% |
| Husteel Co., Ltd. | 6.74% |
| Nexteel Co., Ltd. | 6.74% |
(The review period is 09/01/19 - 08/31/20. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2204070053 for a summary of the original final results and 2110040032 for a summary of the preliminary results of this administrative review.)