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

The US Department of Commerce has decided to extend anti-dumping duty (AD) orders on certain types of oil country tubular goods (OCTG) exported from India, South Korea, Vietnam and Turkey post the sunset period.


US Commerce had levied this duty in 2014 following a final determination that import of OCTG from India, South Korea, Vietnam and Turkey were at less than fair value (LTFV). US authorities had determined that the domestic industry in the US was materially injured by LTFV tubular goods imported from these countries. United States International Trade Commission alleged that the US industry was threatened by subsidised imports of OCTG from India and Turkey.


The petitioners for this investigation were domestic OCTG producers US Steel; Maverick, Boomerang Tube, EnergeX, Northwest Pipe Company, Tejas Tubular, TMK IPSCO, Vallourec Star and Welded Tube USA.


A notification of the sunset review was published on June 4, 2019, which received no substantive response from respondent countries leading Commerce to expedite the first sunset review and extend the duties. Commerce found that withdrawal of AD would lead to recurrence of dumping into the US. The weighted-average dumping margins for imports from India are likely to be 11.24pc, 6.49pc for Korea, 35.86pc for Turkey, and 111.47pc for Vietnam. 

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