Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The US Department of Commerce has revised its final antidumping duty (AD) on heavy walled rectangular welded carbon steel pipes and tubes exported from South Korea during the period of review (POR) March 1, 2016, through August 31, 2017.


In a report published on Jun 25, Commerce stated that the CIT’s final judgment was not in harmony with the department’s final results, and it has therefore revised the antidumping margins assigned to two South Korean companies. 


Based on the ruling, Commerce has changed the final AD margin for Dong A Steel to 11pc from 20.79pc and on Kukje Steel to 7.89pc from 12.81pc. 


The department has instructed the US Customs and Border Protection (CBP) to continue collecting cash deposits at the rate previously established for both companies. CBP is also instructed to liquidate unreviewed entries, which they did not know was intended for the US, during the POR at an all others rate if the intermediate companies involved have no rate. 

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