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ITA rejects request to review OCTG margin

Keywords: Tags  SeAH Steel Vina, oil country tubular goods, OCTG, Commerce Department, ITA, Thorsten Schier


NEW YORK — The U.S. Commerce Department’s International Trade Administration (ITA) has rejected a request by Vietnamese oil country tubular goods (OCTG) producer SeAH Steel Vina Corp. to recalculate its preliminary anti-dumping margin in an ongoing trade case.

SeAH Steel Vina, a subsidiary of South Korea’s SeAH Steel Corp., argued that the inclusion of the financial statements of an integrated steel producer in the company’s preliminary anti-dumping calculation was erroneous and should lead to the recalculation of its preliminary anti-dumping margin of 9.57 percent (amm.com, Feb. 27).

"The question of whether to use the financial statement of an integrated producer in calculating financial ratios for a nonintegrated producer is a methodological one. It is not the department’s practice to issue amended preliminary determinations to correct alleged methodological issues," the ITA said, adding that SeAH did not demonstrate that the error was "significant."

Therefore, "we have neither addressed the allegation of the ministerial error nor will we issue an amended preliminary determination in response to this submission," the ITA said.

All other Vietnamese OCTG producers, none of which responded in the investigation, received a 111.47-percent margin.


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