South Korea Line Pipe: Commerce Publishes Negative CVD Prelim Determination

The Commerce Department issued a Federal Register notice detailing its negative preliminary determination in the countervailing duty investigation on welded line pipe from South Korea (C-580-877) (here). Commerce calculated de minimis CV duty rates for all South Korean exporters under investigation, and will not suspend liquidation or collect cash deposits for entries of welded line pipe from South Korea at this time. Commerce may still change its mind in the final determination, which is currently due July 28.