South Korea Circular Welded Pipe: Prelim Results of AD Admin Review
The Commerce Department on Dec. 2 issued the preliminary results of its antidumping duty administrative review on circular welded non-alloy steel pipe from South Korea (A-580-809). After Commerce preliminarily found that subject goods from South Korea were sold at prices below normal value, the agency preliminarily set AD duty rates for all 24 producers and exporters under review, except Nexteel, which the agency said did not undersell subject goods during the review period. Rates calculated in this review will be used to set assessment rates for importers of subject merchandise from these producers and exporters that was entered November 2020 through October 2021.
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Commerce has ordered liquidation as entered, at the cash deposit rate in effect at time of entry, for entries during the period of review from all exporters not under review (i.e., all except the 24 listed in Commerce's notice) (ADCVDWeb Message # 2039404).
Cash Deposit Requirements
Once Commerce issues its final results, new AD duty cash deposit requirements may take effect for some of the 24 companies under review, beginning on the date of publication of the final results in the Federal Register. Commerce preliminarily calculated the following AD duty cash deposit rates:
| Producer/Exporter | AD Rate (Prelim) |
|---|---|
| Husteel Co., Ltd. | 13.72% |
| Nexteel Co., Ltd. | zero |
| Aju Besteel | 13.72% |
| Bookook Steel | 13.72% |
| Chang Won Bending | 13.72% |
| Dae Ryung | 13.72% |
| Daewoo Shipbuilding & Marine Engineering | 13.72% |
| Daiduck Piping | 13.72% |
| Dong Yang Steel Pipe | 13.72% |
| Dongbu Steel (also known as Dongbu Steel Co., Ltd.) | 13.72% |
| Eew Korea Company | 13.72% |
| Histeel (also known as HiSteel Co., Ltd.) | 13.72% |
| Hyundai Rb | 13.72% |
| Hyundai Steel Company (also known as Hyundai Steel Corporation; Hyundai Steel; and Hyundai Steel (Pipe Division)) | 13.72% |
| Kiduck Industries | 13.72% |
| Kum Kang Kind | 13.72% |
| Kumsoo Connecting | 13.72% |
| Miju Steel Mfg (also known as Miju Steel Manufacturing) | 13.72% |
| Samkang M&T | 13.72% |
| Seah Fs | 13.72% |
| Seah Steel (also known as Seah Steel Corporation) | 13.72% |
| Steel Flower | 13.72% |
| Vesta Co., Ltd. | 13.72% |
| Ycp Co. | 13.72% |
Assessment Rates
As part of this administrative review, Commerce will also calculate final AD duty assessments on importers of subject merchandise exported by the companies under review that was entered Nov. 1, 2020, through Oct. 31, 2021. If these preliminary results are confirmed in the final results, importers of subject merchandise from Husteel will be assessed importer-specific rates, imports from Nexteel will be liquidated without regard to AD duties, and importers from the other 22 companies under review would be assessed AD at the rates listed above.
(The period of review is 11/01/20 - 10/31/21. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)