US DOC revises anti-dumping duty on Vietnamese steel pipes

VNS reported that the United States Department of Commerce has revised its preliminary conclusion of the anti-dumping investigation of Vietnamese circular welded carbon-quality steel pipes, citing significant ministerial errors. In a notice dated July 15, DOC raised the dumping margin rates for both Vietnam Haiphong Hongyuan Machinery Manufactory Co Ltd and Hoa Phat Steel Pipe Co to 2.32 per cent, instead of 1.19 per cent and 0.38 per cent, respectively, mentioned in the preliminary report in June 2016. steel-pipe

The rate for SeAH Steel Vina Corporation remained unchanged at zero per cent. Other steel pipe exporters will still face the countrywide rate of 113.18 per cent, based on adverse reports.

On June 8, 2016, DOC had published its affirmative preliminary determination that circular welded carbon-quality steel pipes (CWP) from Viet Nam was being sold in the United States at less than fair value provided by section 733 of the Tariff Act of 1930 and at different rates.

However, American petitioners filed comments alleging significant ministerial errors in the margin calculated for Vietnamese businesses. After analysing the comments, DOC detected the errors in margin calculation and decided to revise the dumping margin rates for two Vietnamese steel exporters.

On December 17, 2015, DOC initiated dumping investigation concerning imports of CWP from Oman, the United Arab Emirates (UAE), Pakistan and Viet Nam. Among these four countries, the highest rate of more than 113 per cent was imposed on Viet Nam.

Vietnam’s CWP exports to the United States reached US$60.6 million in 2014, the highest among the four countries probed, according to the Vietnam Competition Authority.

About Hunan Prime Steel Pipe Co., Ltd

HUNAN PRIME STEEL PIPE is the export gateway of SHINESTAR HOLDINGS GROUP. We are dedicated in providing and exporting high performance-price ratio welded & seamless steel pipes and fittings covering various steel grades. At Prime Steel Pipe, we believe that honest communication, expertise in our industry, and prompt execution lead to strong long-term relationships. Our professioanl team provides " one-stop procurement" servics to coordinate with your project regulation, site and terrain, and ensure the best quality of products by assigning skillful experts at every stage of production. Our principles is to keep the honesty in mind, to win reputation by trust. We strives to providing quality products, competitive price and value-added services to our clients throughout the world.

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