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

The USA admin has extended anti-dumping (AD) duty and countervailing duty (CVD) on certain oil country tubular goods (OCTG) imports from China. 

 

US Commerce and the US International Trade Commission (ITC) determined lifting AD and CVD orders on OCTG imports could lead to continuation or recurrence of dumping and countervailable subsidies by Chinese exporters, which would cause material injury to domestic producers. US Commerce reviewed the five-year-old duty orders and concluded the revocation of the duties would lead to continuation or recurrence of dumping from the country.

 

The scope of these orders consists of steel OCTG of circular cross-section, which includes oil well casing and tubing, of iron or steel (carbon as well as alloy), seamless or welded, regardless of end finish either conforming or non-conforming to API specifications, including both finished or unfinished OCTG products, with or without thread protector attachment. The orders also covers OCTG coupling. 

 

Products excluded from these orders are casing/tubing with 10.5pc or more chromium, drill pipe, unattached couplings and unattached thread protectors.

Leave a Reply

Your email address will not be published.