AIIS: Final Results of Administrative Review of AD order on OCTG from Vietnam

Falls Church, VA (AIIS) - Earlier today, the U.S. Department of Commerce (DOC) announced its final results in the administrative review of the antidumping (AD) order on oil country tubular goods (OCTG) from Vietnam.

The review covered one producer/exporter – SeAH Steel VINA Corporation – during the period from February 25, 2014 through August 31, 2015.

The DOC calculated a final dumping margin of zero (0.00%) for SeAH Steel VINA Corporation. The previous dumping duty deposit rate for SeAH Steel VINA Corporation was 25.18%.

Accordingly, effective today, April 20, 2017, the dumping duty deposit rate became 0.00% for SeAH Steel VINA Corporation. In addition, the DOC will send instructions to U.S. Customs and Border Protection to liquidate imports that were entered during the period of review at the applicable dumping rate.

Courtesy : AIIS