The US Department of Commerce announced the final results of its administrative review of the antidumping order on circular welded non-alloy steel pipe from Korea.
The review covers 2 Korean producers/exporters Hyundai HYSCO and Husteel Company Limited during the period from November 1st 2010 through October 31st 2011.
The DOC calculated final dumping margins of 0.80% for Hyundai HYSCO and 3.99% for Husteel. The previous dumping duty deposit rates were 0.59% for Hyundai HYSCO and 2.25% for Husteel.
Accordingly, June 12th 2013, the dumping duty deposit rates became 0.80% for Hyundai HYSCO and 3.99% for Husteel.
In addition, the DOC will send instructions to US Customs and Border Protection to liquidate entries that were made during the period of review.
