OCTG: Details of AD/CV Duty Orders for Argentina, Mexico, Russia and South Korea
The Commerce Department Nov. 18 released antidumping duty orders on oil country tubular goods from Argentina, Mexico and Russia (A-357-824, A-201-856, A-821-833), and countervailing duty orders on oil country tubular goods from South Korea and Russia (C-580-913, C-821-834). The orders set permanent antidumping and countervailing duties, which will remain in place unless revoked by Commerce in a sunset or changed circumstances review. Commerce will now begin conducting annual administrative reviews, if requested, to determine final assessments of AD/CVD on importers and make changes to cash deposit rates.
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The orders detail a “gap period” of no CVD liability for subject merchandise from Russia entered July 12, 2022, through Nov. 17, 2022, and of no AD duty liability for subject merchandise from Argentina, Mexico and Russia entered Nov. 7-17, 2022. Commerce may only suspend liquidation for a four-month period after its preliminary CVD determination for Russia, issued March 14, 2022, and for six months after its preliminary AD duty determinations, issued May 11, 2022, without an International Trade Commission final affirmative injury determination in place. Commerce will order CBP to liquidate, without regard to AD or CVD, any entries during these respective gap periods.
Subject merchandise entered during the CVD gap period but outside the AD gap period (i.e., July 12, 2021, through Nov. 6, 2021) will only be assessed AD duties.
There is no gap period for CVD on South Korea, because Commerce did not impose CVD when it issued its preliminary determination, and only set suspension of liquidation and cash deposit requirements in a final determination issued in September, well within the four-month provisional measures period.
Hyundai Steel Co. will be exempt from the CVD order on OCTG from South Korea, as a result of the zero percent CVD rate Commerce calculated for the company in its final determination. The company is still subject to suspension of liquidation under the existing AD order on OCTG from South Korea. Only OCTG produced and exported by Hyundai Steel qualifies for the CVD exemption.
AD/CV Suspension of Liq Instructions
Suspension of liquidation resumes for all entries of subject merchandise entered on or after Nov. 18, the date that the final ITC affirmative injury determinations were published.
CV Cash Deposit Instructions
Beginning Nov. 18, Commerce will require importers to pay CVD cash deposits for all entries at the following rates:
Russia
| Manufacturer/Exporter | CV Rate |
|---|---|
| Volzhsky Pipe Plant, Joint Stock Company; Sinarsky Pipe Plant, Joint Stock Company; Seversky Pipe Plant, Joint Stock Company; Taganrog Metallurgical Plant, Joint Stock Company; Orsky Machine Building Plant, Joint Stock Company; and PAO TMK; TMK Neftegasservice-Nizhnevartovsk, Joint Stock Company; TMK Neftegasservice-Buzuluk, Limited Liability Company; Russian Research Institute of the Tube & Pipe Industries, JSC; and Scientific and Technical Center TMK, LLC | 1.3% |
| JSC Vyksa Steel Works; BusinessOptima; Metallolomaya Company OMK – Ecometall; United Metallurgical Company; and Joint-Stock Company Trubodetal | 1.59% |
| All Others | 1.43% |
South Korea
| Company | CV Rate |
|---|---|
| Hyundai Steel Co. | zero |
| SeAH Steel Corp. / SeAH Steel Holding Corp. | 1.33% |
| All Others | 1.33% |
AD Cash Deposit Instructions
An AD cash deposit requirement is also in effect for subject merchandise entered on or after Nov. 18, equal to the rates listed below (as amended effective Nov. 21 from the final determination for Russia):
Argentina
| Exporter/Producer | AD Rate |
|---|---|
| Siderca S.A.I.C. | 78.3% |
| All Others | 78.3% |
Mexico
| Exporter/Producer | AD Rate |
|---|---|
| Tubos de Acero de Mexico, S.A. | 44.93% |
| All Others | 44.93% |
Russia
| Exporter/Producer | AD Rate | Adjusted* |
|---|---|---|
| JSC Vyksa Steel Works | 12.01% | 11.7% |
| Volzhsky Pipe Plant, Joint Stock Company / Public Joint-Stock Company Trubnaya Metallurgicheskaya Kompaniya / Sinarsky Pipe Plant, Joint Stock Company / Seversky Pipe Plant, Joint Stock Company / Taganrog Metallurgical Plant, Joint Stock Company / Pervouralsk Pipe Plant, Joint Stock Company / Chelyabinsk Pipe Plant, Joint Stock Company / Orsky Machine Building Plant, Joint Stock Company (TMK/VTZ) | 184.21% | 184.21% |
| All Others | 12.01% | 11.87% |
*As adjusted for export subsidies found in the concurrent CVD investigation. This adjusted rate serves as the AD cash deposit rate.
(See the notices for additional details, including the full scope description, etc. See 2209280043, 2209280032 and 2209280033 for a summary of the final AD and CVD determinations.)