Trade Cases
Commerce Assigns Duties on Steel Pipe from South Korea
Written by Sandy Williams
December 8, 2017
Preliminary antidumping duties were determined Thursday by the Department of Commerce on circular welded non-alloy steel pipe imports from South Korea.
An antidumping margin of 38.16 percent was assigned to CWP manufactured by Hyundai Steel Co. and 23.17 percent duties on imports from Aju Besteel Co., Nexteel, and SeAH Steel Corp. Husteel received an antidumping rate of 8.18 percent.The investigation covered the period of November 2015 to October 2016
Korean welded pipe exports to the U.S. are estimated at 50,000 tons annually or $27.4 million.
In November, South Korea won a partial victory in a World Trade Organization dispute on duties levied on OCTG products by the U.S. in July 2014. The WTO sided with South Korea arguing the calculations used for determining margins were not based on actual profit data. The U.S. instead applied the term “same general category of products” when comparing global profit margins.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
Tariff fallout: Canada strikes back, Stellantis idles, GM boosts production
Canada imposes auto tariffs, while automaker Stellantis temporarily idles some plants.
Commerce tags UAE with ‘critical circumstances’ in CORE trade case, South Africa spared
The Commerce Department has made a preliminary determination that ‘critical circumstances’ exist for certain imports of corrosion-resistant (CORE) flat-rolled steel from the United Arab Emirates (UAE). Commerce decided that critical circumstances did not apply to CORE from South Africa. The department also found that critical circumstances did not apply to CORE from UAE producers Al-Ghurair Iron & Steel LLC and United Iron & Steel Company LLC.
Trump’s ‘Liberation Day’ brings 10% baseline tariffs; steel, aluminum, and autos/parts excluded
President Trump’s promised “Liberation Day” has arrived, with a 10% minimum tariff on imports. But there are some very important exceptions: The United States’ USMCA partners, Canada and Mexico, are excluded from the reciprocal tariffs for now. In addition, steel, aluminum, as well as autos and auto parts are excluded from the reciprocal tariffs. That’s […]
Price on Trade: Auto tariffs, auto parts, and Hyundai – a world of rapid changes
Trump's new auto tariffs will apply to passenger vehicles (including sedans, sport utility vehicles, crossover utility vehicles, minivans, and cargo vans), light trucks, and certain automobile parts (including engines and engine parts, transmissions and powertrain parts, and electrical components).
CRU: Canacero urges Mexico-US partnership to fend off Asian steel imports
Victor Cairo, head of Mexico’s steel sector body Canacero and CEO of ArcelorMittal Mexico, says he is confident negotiations between the Mexican and US governments planned for April 2 will lead to the creation of a regional block to substitute imports, especially from Asia.