Trade Cases
Commerce Initiates AD/CVD Investigation on Imports of Seamless Pipe
Written by Sandy Williams
July 30, 2020
Imports of seamless carbon and alloy steel standard, line and pressure pipe from the Czech Republic, Russia, South Korea and the Ukraine are subject to a new antidumping investigation by the Commerce Department. In addition, a countervailing duty investigation regarding these products has been initiated on imports from Russia and Korea.
The petition was filed by Vallourec Star, LP.
In the Russia and Korea CVD investigations, Commerce will determine whether Russian and Korean producers of subject merchandise are receiving unfair government subsidies. For Russia, Commerce will investigate 11 subsidy programs, including preferential lending, grant programs, and the provision of natural gas for less than adequate remuneration. For Korea, Commerce will investigate 38 subsidy programs, including preferential lending, tax programs, export insurance, grants and electricity subsidies.
The alleged dumping and countervailing rates are:
Initiation Dumping Margins
- Czech Republic 50.45-51.70%
- Russia 41.07-273.47%
- Korea 114.80-131.31%
- Ukraine 42.38-42.88%
Initiation Subsidy Rates
- Russia Above de minimis
- Korea Above de minimis
*de minimis= less than 1% for developed countries, less than 2% for developing countries.
Commerce is expected to make its preliminary determinations for the AD/CVD investigation by Aug. 24, 2020.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
Price: Should billions in Section 232 revenue go to foreign manufacturers or to the American people?
Do we want the benefits of the Section 232 tariffs to flow to the bottom lines of foreign steel and aluminum producers or to the US government and, ultimately, domestic manufacturers and their workers? In our view, the answer is simple. Section 232 exceptions do nothing more than lead to underserved profits for foreign manufacturers who are harming the US industrial base. That revenue could be used to pursue the Trump administration’s other policy priorities - such as deficit reduction or expanded tax cuts.
Mills allege ‘critical circumstances’ in CORE trade case vs. South Africa, UAE
"Recent activity in the marketplace strongly indicates that these imports are being rushed into the United States in an effort to avoid the imposition of antidumping duties," petitioners said.
European Commission eyes retaliation vs. Trump steel tariffs: Report
The European Commission is looking into making current quotas on steel imports stricter as a countermeasure to President Trump’s recently announced tariffs on steel and aluminum imports to the US, according to an article in Reuters.
Trump could levy tariffs on auto imports in April: Report
President Donald Trump said last week that he could place tariffs on auto imports, according to an article in Politico.
Section 232 tariffs are headed downstream
The Trump administration has revealed the list of derivative steel products being added to the Section 232 tariff list.