Anti-dumping tariffs will operate at the level of 4.89% of the product value
The US Department of Commerce (DOC) has announced the final results of an anti-dumping investigation into oil-compound tubular goods (OCTG) produced by Ukrainian company Interpipe. This is reported by SteelOrbis with reference to the agency’s data.
The investigation into the import of Ukrainian products was conducted from July 1, 2021, to June 30, 2022. The agency concluded that Interpipe supplied products to American consumers at lower prices than market prices during the inspection period.
Thus, the DOC determined the weighted average dumping margin for the company’s OCTG pipes at 4.89% of the value.
The final anti-dumping duties will become effective on December 21, 2023.
As GMK Center reported, at the beginning of August 2023, the US Department of Commerce established previous anti-dumping duty on OCTG pipes from Ukraine with a weighted average dumping margin for Interpipe in the amount of 4.89%.
Also, in September DOC announced preliminary results of administrative review of the anti-dumping order regarding seamless standard, linear and pressure pipes made of carbon steel from Ukraine. During the inspection period, the Ukrainian pipe producer Interpipe sold the relevant products at dumped prices. The weighted average dumping margin for Ukrainian products is set at the level of 4.99%.
In the first half of 2023, Interpipe increased steel production by 20.3% compared to the same period of 2022 – to 344 thousand tons. The production of pipe products for the first half of the year increased by 1.9% compared to January-June 2022 – to 209 thousand tons, and of railway products – to 17.5% y/y, to 47 thousand tons.