Trade Cases
Commerce updates duties on steel pipe from Oman
Written by Laura Miller
August 12, 2024
The Department of Commerce is updating the antidumping duties on imports of circular welded carbon-quality steel pipe from the Sultanate of Oman’s Al Jazeera Steel Products Co.
An administrative review of the duties by Commerce’s International Trade Administration is reviewing the time period of Dec. 1, 2021, through Nov. 30, 2022.
The agency preliminarily determined that Al Jazeera sold pipe at below normal value during that time. It set the company’s weighted-average dumping margin at 0.61%.
The rate is down from the 2.31% rate assigned to Al Jazeera and three other Oman companies in the prior one-year period.
Commerce will issue the final results of the review in early December.
The scope of this AD order covers welded carbon steel standard pipe, fence pipe and tube, sprinkler pipe, structural pipe, and mechanical tubing with outside diameters up to 16 inches. The duties were first put in place late in 2016, and then renewed after a 2022 sunset review.
Laura Miller
Read more from Laura MillerLatest in Trade Cases
Fitch warns more tariffs will pressure global commodity markets
“New commodity-specific tariffs, mainly on steel and aluminum products, could widen price differentials and divert trade flows,” the credit agency forewarned.
Commerce increases import duties on Korean galv, plate
The Commerce Department is raising the import duties on imports of corrosion-resistant sheet and cut-to-length plate from Korea.
Leibowitz on trade: Why is protectionism so popular?
The world has had a few shocks recently. The CEO of a major health insurance company was gunned down in Manhattan. The 50-year Assad dynasty in Syria was pushed out less than two weeks after rebels started an offensive. And President-elect Trump is promising tariffs on everything a month before he takes office. But one shock has been taking place for a lot longer than the last few weeks. The 70-year consensus on trade hasn’t just been challenged. It’s been repudiated.
Ternium chief say Mexico tariffs ‘irrational’
Vedoya said the proposed tariffs are "an irrational measure that would harm both their own industry and ours."
Price on Trade: Trump tariffs are no negotiating tool – and could come at lightning speed
We focused on trade actions the second Trump administration might take in a prior column. Since then, we have learned more about the individuals who will be leading these efforts. Recent nominations reinforce the president-elect’s statements that tariffs will feature prominently in the second administration and that trade actions will be unveiled at lightning speed.