October 07, 2008
US DOC makes final determination on AD on OCTG from South Korea
The US Department of Commerce has announced the final results of AD duty administrative review on oil country tubular goods, other than drill pipe, from South Korea for the period August 1st 2005 through July 25th 2006. This review covers Husteel Co Ltd, SeAH Steel Corporation and Nexteel Co Ltd.
US DOC said that “Based on our analysis of the comments received, we have made changes to the preliminary results. As a result of our review, we determine that the following weighted average margins exist for the period August 1st 2005 through July 25th 2006.”
| Manufacturer/Exporter | Margin (percent) |
| SeAH Steel Corporation | 0.65 |
| Husteel Co Ltd | 0.29(de minimis) |
| Nexteel Co Ltd | 0.00 |
The products covered by this order are OCTG, hollow steel products of circular cross-section, including only oil well casing and tubing, of iron other than cast iron or steel both carbon and alloy, whether seamless or welded, whether or not conforming to American Petroleum Institute or non-API specifications, whether finished or unfinished including green tubes and limited service OCTG products. This scope does not cover casing or tubing pipe containing 10.5% or more of chromium, or drill pipe.
