The US Department of Commerce has issued a final circumvention ruling finding that seamless oil country tubular goods (OCTG) made using China-origin billet, processed in Thailand and exported to the US, circumvent existing antidumping (AD) and countervailing duty (CVD) orders on Chinese OCTG.
As a result, the DOC confirmed that the products are subject to CVD rates ranging from 10.49% to 15.78% and dumping margins of 32.07% or as high as 99.14%, depending on the exporter.
The ruling reinforces US trade enforcement efforts targeting third-country processing used to bypass existing duties, and applies to a wide range of OCTG products classified under multiple HTSUS subheadings.
The decision enables US authorities to apply full AD and CVD duties retroactively to covered imports entering the US market.
VietnamSteel by Hoa Sen Group
