Reposted from Steel Business Briefing in the Daily Media Report of the American Iron and Steel Institute
December 17, 2012
The US Department of Commerce (DOC) set the final antidumping margin for three exporters of Chinese OCTG at 172.54% – up from the prior rate of 99.14% – as a result of its first administrative review of the orders.
The orders have been in place since May 21, 2010. The new AD rate for the companies in the Chengde Group is effective for the period of review and going forward. The review period was May 19, 2010 through April 30, 2011.
The new AD rate is below 185.84% – the preliminary AD margin set in June by the DOC. The DOC said it adjusted the final AD margin based upon comments received related to that determination.
The administrative review request was withdrawn earlier for 18 companies with separate-rate status and 33 companies that did not qualify for a separate AD rate.
The China-wide all-others rate remains at 99.14%.
American Tubular Products, LLC and US Steel Corp. were the US interested parties.