Vietnam OCTG: Final Results of AD Admin Review
The Commerce Department on April 8 released the final results of the antidumping duty administrative review on oil country tubular goods from Vietnam (A-552-817). The agency said it made changes to its preliminary calculation, setting an AD rate of 1.49% for the only company under review, SeAH Steel VINA Corporation. Commerce will direct CBP to assess AD duties at importer-specific rates for subject goods from SeAH entered Sept. 1, 2019, through Aug. 31, 2020. The new 1.49% cash deposit rate for SeAH takes effect April 11, the date these final results are scheduled to be published in the Federal Register.
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For exporters of subject merchandise that were not under review (i.e., all except SeAH), cash deposit rates remain at the level set in the most recent review of each respective company. If the exporter has never been assigned its own AD rate, the Vietnam-wide rate of 111.47% applies.
(The review period is 09/01/19 - 08/31/20). See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2110060053 for a summary of the preliminary results of this administrative review.)