Trade Cases
September 13, 2015
South Korean Pipe Duties Remanded by USCIT
Written by Sandy Williams
US steel pipe makers were surprised by a Sept. 2 US Court of International Trade decision calling for a reconsideration of profit calculations on imports of OCTG steel pipes from South Korea.
South Korean producers complained that the duties set were too high and that proper procedures were not followed when determining duties. The Dept. of Commerce imposed duties of 15.75 percent on pipe from Hundai Hysco, 9.89 percent from Nexteel and 12.82 percent for all other South Korean producers.
