AMM.com Copying and distributing are prohibited without permission of the publisher
Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5


India facing subsidy duties on OCTG exports

Keywords: Tags  OCTG, oil country tubular goods, Commerce Department, International Trade Administration, ITA, countervailing duties, subsidy, Boomerang Tube JMC Steel Group


NEW YORK — The U.S. Commerce Department’s International Trade Administration (ITA) has made a positive preliminary determination in its countervailing duty investigation of oil country tubular goods (OCTG) from India but a negative determination on imports from Turkey.

The preliminary subsidy rate for Indian producers GVN Fuels Ltd., Jindal Pipes Ltd., Maharashtra Seamless Ltd. and all other Indian producers except Jindal Saw Ltd. was set at 3.5 percent.

"As a result of the preliminary affirmative determination for India, Commerce will instruct U.S. Customs and Border Protection to require cash deposits based on these preliminary rates," the ITA said. Jindal Saw had a de minimis subsidy rate of 0.97 percent, which means it does not have to post cash deposits.

Preliminary subsidy rates for Turkish producers Borusan Istikbal Ticaret and Borusan Mannesmann Boru Sanayi were set at 0.37 percent; those for Tosyali Dis Ticaret AS, Tosyali Elektrik Enerjisi Toptan Satis Ith. Ihr. AS, Tosyali Holding AS and Tosçelik Profil ve Sac Endustrisi AS were set at 0.88 percent; and the rate for all other Turkish producers was set at 0.63 percent.

"Because these rates are de minimis, a preliminary negative determination applies to Turkey as a whole. As a result ... cash deposits will not be required on imports of OCTG from Turkey," the ITA said.

The ITA’s final determinations in the subsidy cases are due April 29, while the U.S. International Trade Commission’s final injury ruling is due June 13.

The ITA’s preliminary decision in an anti-dumping investigation of OCTG imports from India, the Philippines, Saudi Arabia, South Korea, Taiwan, Thailand, Turkey, Ukraine and Vietnam is expected Feb. 13.

Indian OCTG exports to the United States totaled 138,900 tonnes valued at $216.6 million in 2012, while Turkey shipped 137,500 tonnes value at $135.9 million.

The complaint was filed by Boomerang Tube LLC, Chesterfield, Mo.; Energex Tube, a division of Chicago-based JMC Steel Group Inc.; Maverick Tube Corp., a subsidiary of Luxembourg-based Tenaris SA; Northwest Pipe Co., Vancouver, Wash.; Tejas Tubular Products, Houston; TMK Ipsco, a subsidiary of Russia’s OAO TMK; U.S. Steel Corp., Pittsburgh; Vallourec Star LP, a subsidiary of France’s Vallourec SA; and Welded Tube USA Inc., the domestic subsidiary of Welded Tube of Canada Ltd., Concord, Ontario (amm.com, July 2).


Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.



Latest Pricing Trends