The US Department of Commerce (DOC) has ruled that a series of pipes and parts used in petroleum production or "oil country tubular goods" (OCTG) were dumped on the US market by Vietnam and eight other countries.
Vietnam’s SeAH Steel Vina Corporation received a final dumping margin of 24.22 percent.
Another Vietnamese respondent, Hot Rolling Pipe Co., Ltd. Vietnam, which failed to answer the DOC’s questionnaire will be subjected to a dumping margin of 111.47 percent – the highest margin called for in the petition.
If the US International Trade Commission (ITC) makes affirmative final determinations that imports of OCTG from India, Korea, the Philippines, Saudi Arabia, Taiwan, Thailand, Turkey, Ukraine, and/or Vietnam materially injure, or threaten material injury to, the domestic industry, the DOC will issue anti-dumping duty orders for all countries.
Last week, ITC made its preliminary determinations on its anti-dumping and countervailing duty investigations concerning certain steel nails from India, Korea, Malaysia, Oman, Taiwan, Turkey, and Vietnam.
The Commission determined that there is a reasonable indication that a US industry is materially injured by the imports of certain steel nails from Korea, Malaysia, Oman, Taiwan, and Vietnam that are allegedly subsidized and sold in the United States at less than fair value.
The DOC will continue to conduct its investigations on imports of these products from Korea, Malaysia, Oman, Taiwan, and Vietnam; its anti-dumping duty determinations are due on or about November 5, 2014.