South Korea Large Diameter Welded Pipe: Prelim Results of CVD Admin Review
The Commerce Department has published the preliminary results of a countervailing duty administrative review on large diameter welded pipe from South Korea (C-580-898). In the final results of this review, Commerce will set CVD assessments on entries of subject merchandise from the exporters under review entered during calendar year 2023.
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Commerce also is rescinding the review for 16 companies because there were no reviewable entries of subject merchandise from the companies during the review period. See Commerce's notice, Appendix II, for a full list.
For all entries of subject merchandise exported by all other South Korean companies for the period Jan. 1, 2023, through Dec. 31, 2023, Commerce has ordered liquidation “as entered” at the cash deposit rate in effect at the time of entry (ADCVDWeb Message # 4222438).
Commerce also recently issued the preliminary results of an antidumping duty administrative review of large diameter welded pipe from South Korea (A-580-897) (see 2508290004).
Cash Deposit Requirements
For companies that remain subject to review, new CVD cash deposit requirements may take effect beginning on the date of publication of the final results in the Federal Register. Commerce preliminarily calculated the following CVD cash deposit rates:
| Producer/Exporter | CVD Rate (Prelim) |
|---|---|
| Hyundai RB Co., Ltd., and its cross-owned affiliate Shinchang Construction Co., Ltd. | 0.79% |
| SeAH Steel Corporation, and its cross-owned affiliate SeAH Holdings Corporation | zero |
| Review average rate (applies to 8 companies*) | 0.79% |
* The companies not selected for individual review are: AJU Besteel Co., Ltd.; Chang Won Bending Co., Ltd.; Dong Yang Steel Pipe Co., Ltd.; EEW Korea Co., Ltd.; HiSteel Co., Ltd.; Husteel Co., Ltd.; Hyundai Steel Company; and Nexteel Co., Ltd.
(The period of review is 01/01/23 - 12/31/23. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)