Author: Paul Ploumis29 May 2015 Last updated at 03:03:53 GMT
SPOKANE (Scrap Monster): The Us Department of Commerce (DOC) has announced its decision to impose preliminary dumping margins on welded line pipes imported from Korea and Turkey. The decision is based on one-year review which ended 30th September last year.
The products covered under the investigation include carbon and alloy welded line pipe used for oil and gas pipelines, not more than 24 inches in outside diameter, regardless of wall thickness, length, surface finish, end finish or stencilling.
The DOC assigned preliminary weighted-average dumping margins ranging from 2.52% to 2.67% for Korean exporters. The margins for Hyundai Hyso are set at 2.52% and those of SeAH Steel are set at 2.67%. The dumping margin for all other Korean exporters is set at 2.6%.
The DOC assigned the following dumping margins for Turkish exporters: 9.85% for the Borusan group, 9.71% for Çayirova and 3.11% for Tosçelik Profil. All other Turkish exporters will face a dumping margin of 3.29%. Upon request by Turkish exporters to extend the case, DOC announced that the final determination will be postponed until October this year.
As per government data, Korea had exported 674,900 tonnes of welded line pipes into the US during the one year period under review. The imports from Turkey had totaled 64,800 tonnes. The imports from both these countries had increased significantly when compared with the previous year.
The investigations were carried out on complaints filed by domestic line pipe producers American Cast Iron Pipe, Energex, Maverick Tube, Northwest Pipe, Stupp Corp, Tex-Tube, TMK Ipsco, Welspun Tubular and US Steel.