Vietnam OCTG: AD Rates Drop for Some in Final Determination
The Commerce Department issued its final determination in the antidumping duty investigation on oil country tubular goods from Vietnam (A-552-817). The agency found dumping by Vietnamese companies, and will direct CBP to continue to suspend liquidation. The final determination is effective July 18.
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The next step is for the International Trade Commission to make its final injury determination, currently scheduled for Aug. 25. If the ITC finds injury, Commerce will issue an AD duty order and duties will be made permanent. If the ITC finds no injury, the investigation will be terminated and all cash deposits will be refunded.
Suspension of Liquidation Still Retroactive 90 Days for Some Companies
Commerce continued to find "critical circumstances" for companies in the Vietnam-wide entity (i.e., all companies except SeAH), because these three companies allegedly ramped up sales of subject merchandise in the U.S. during the run-up to the preliminary determination in an attempt to get in as much product as possible before duties were imposed. As such, it will order CBP to continue to suspend liquidation for all subject merchandise for these companies entered on or after Nov. 27, the date 90 days prior to the preliminary determination. Liquidation is still suspended for SeAH for entries on or after Feb. 25.
Estimated AD Cash Deposit Rates Unchanged
Commerce will instruct CBP to require an AD cash deposit for all imports of subject merchandise from Vietnam equal to the following AD rates:
| Exporter | AD Rate |
| SeAH Steel VINA Corporation | 24.22% (from 9.57%) |
| Vietnam-wide Entity | 111.47% (unchanged) |
(The period of investigation is 01/01/13 -- 06/30/13. See Commerce’s notice for more information, including the scope of the investigation (unchanged since the preliminary determination), detailed instructions on cash deposit and assessment rates, etc. See 14022424 for summary of the preliminary determination of this investigation.)
AC/CVD Operations contact -- Fred Baker (202) 482-2924
(Federal Register 07/18/14)