Trade Cases
April 13, 2017
Commerce Raises Antidumping Duties on Korean OCTG
Written by Sandy Williams
Antidumping duties on oil and gas drilling pipes from South Korea were increased on Tuesday after an administrative review by Commerce. Duties were raise to a range of 2.76 – 24.92 percent from previously assigned duties of 4 – 6.5 percent.
New provisions under the Trade Preferences Extension Act of 2015 allow Commerce to consider market situations in dumping investigations that include subsidization of raw materials used in the making of steel. Tuesday’s decision included evaluation of price distortion of hot rolled steel caused by electricity subsidies.
