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071090 Hi Steel Co News Story

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Brief: U.S. sets dumping duties on some steel pipe, tube imports

WASHINGTON, July 15 (Reuters) - U.S. Department of Commerce 
announced on Friday its final ruling on anti-dumping duties on 
imports of steel pipes and tubes from South Korea, Mexico and 
Turkey, setting levies  
    * The decision covers imports of heavy-walled rectangular 
welded carbon steel pipes and tubes which are used in 
construction and transportation. 
    * Commerce found dumping has occurred by mandatory 
respondents Dong-A Steel Co and HiSteel Co Ltd  071090.KS  at 
dumping margins of 2.34 percent and 3.82 percent, respectively.  
    * All other producers/exporters in Korea will incur a final 
dumping margin of 3.24 percent. 
    * For Mexico, Commerce found dumping has occurred by 
mandatory respondents Maquilacero SA de CV and Productos 
Laminados de Monterrey SA de CV at dumping margins of 3.83 
percent and 5.21 percent, respectively.  
    * Commerce calculated a final dumping margin of 4.91 percent 
for all other producers/exporters in Mexico.  
    * In the Turkey investigation, Commerce found dumping has 
occurred by mandatory respondent MMZ Boru Profil Uretim Sanayi 
Ve Tic AS at a dumping margin of 35.66 percent.  
    * Commerce determined that no dumping has occurred by 
mandatory respondent Ozdemir Boru Profil San Ve Tic Ltd 
Sti(Ozdemir) and calculated a final dumping margin of 17.83 
percent for all other producers/exporters in Turkey.  
    * In the Turkey CVD investigation, Commerce calculated final 
subsidy rates of 23.37 percent and 15.08 percent for mandatory 
respondents MMZ and Ozdemir, respectively. Commerce calculated a 
final subsidy rate of 19.06 percent for all other 
producers/exporters in Turkey.  
    * The complaint was lodged last year on behalf of Atlas 
Tube, a division of JMC Steel Group; Bull Moose Tube Co; 
EXLTUBE; Hannibal Industries, Inc; Independence Tube Corp; 
Maruichi American Corp, a subsidiary of Maruichi Steel Tube Ltd 
 5463.T ; Searing Industries; Southland Tube and Vest Inc. 
 
 (Reporting by Josephine Mason) 
 ((Josephine.Mason@thomsonreuters.com; +1 646 223 8925; Reuters 
Messaging: josephine.mason.reuters.com@reuters.net)) 
 
Keywords: USA TRADE/STEEL

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