Commerce initiates OCTG dumping inquiries

Jul 23, 2013 | 07:49 PM | Thorsten Schier

Tags  Commerce, OCTG, India, Korea, Ukraine, Vietnam, Thailand, Turkey Saudi Arabia

NEW YORK — The U.S. Commerce Department has initiated dumping inquiries on oil country tubular goods (OCTG) from India, South Korea, the Philippines, Saudi Arabia, Taiwan, Thailand, Turkey, Ukraine and Vietnam and countervailing inquiries on OCTG from India and Turkey.

The decision was expected by market sources.

Dumping margins against India are alleged from 12.67 to 239.64 percent; Korea from 66.19 to 158.53 percent; the Philippines from 46.04 to 56.38 percent; Saudi Arabia at 53.34 percent; Taiwan from 68.44 to 70.98 percent; Thailand at 118.32 percent; Turkey from 44.52 to 47.20 percent; Ukraine from 25.75 to 30.76 percent; and Vietnam from 103.43 to 111.47 percent,....

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