AD: Korea Light-Walled Rectangular Pipe and Tube
The International Trade Administration has made a preliminary affirmative antidumping duty determination that light-walled rectangular pipe and tube (LWR) from Korea is being, or is likely to be, sold in the U.S. at less than fair value.
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Suspension of liquidation (except Nexteel). The ITA is directing U.S. Customs and Border Protection to suspend liquidation of all entries of LWR from Korea, with the exception of those produced and exported by Nexteel Co., Ltd., or produced by Nexteel and exported by either of the two companies named in its questionnaire responses1, with a time of entry on or after January 31, 2008.
Because the preliminary AD duty rate for Nexteel is de minimis, the ITA will instruct CBP not to suspend liquidation of merchandise produced and exported by Nexteel Co., Ltd., or produced by Nexteel and exported by either of the two companies named in its questionnaire responses1.
AD cash deposit or bond (except Nexteel). The ITA will also instruct CBP to require a cash deposit or the posting of a bond at the AD rates listed below, for entries of subject merchandise from Korea (except Nexteel as described above) with a time of entry on or after January 31, 2008 for the following exporters/producers:
| Exporter/Producer | Prelim AD Rate |
|---|---|
| Nexteel Co., Ltd.1 | (a) |
| Dong-A Steel Pipe Co. Ltd. | 30.66% |
| HiSteel Co. Ltd. | 30.66% |
| Jinbang Steel Co. Ltd. | 30.66% |
| Joong Won | 30.66% |
| Miju Steel Mfg. Co., Ltd. | 30.66% |
| Yujin Steel Industry Co. | 30.66% |
| Ahshin Pipe & Tube | 30.66% |
| Han Gyu Rae Steel Co., Ltd. | 30.66% |
| Kukje Steel Co., Ltd. | 30.66% |
| SeAH Steel Corporation, Ltd. | 15.98% |
| All others | 15.98% |
(a) The ITA has calculated a preliminary de minimis AD duty rate of 1.30% for Nexteel. As this is a preliminary determination, such a rate preliminarily excludes Nexteel (and either of the two exporters named in its questionnaire responses) from the suspension of liquidation/cash deposit/bond requirements;
(The ITA notes that if the exporter is not a firm identified in this investigation, but the producer is, the rate will be the rate established for the producer of the subject merchandise.)
Postponement of Final AD Duty Determination
In addition, the ITA states that it is postponing its final AD duty determination for LWR from Korea until not later than 135 days after January 31, 2008, and suspension of liquidation will be extended accordingly.
1ITA sources confirm that the names of two exporters named in Nexteel's questionnaire responses are currently business proprietary; however, the names of these exporters are expected to be released with Customs' instructions. It should be noted that instructions may differ for each producer/exporter combination when they are released.
(See ITA notice for additional information, including the scope of the investigation, (which is unchanged from the initiation notice), an allegation of targeted dumping for Nexteel, etc.
See ITT's Online Archives or 07/25/07 news, 07072525, for BP summary of the ITA's initiation of the AD duty investigations on LWR from China, Korea, Mexico, and Turkey.
See ITT's Online Archives or 01/31/08 news, 08013135 and 08013140, for BP summary of the ITA's preliminary affirmative AD duty determinations on LWR from China, and from Mexico and Turkey, respectively.)
ITA contact - David Cordell (202) 482-0408
ITA notice (FR Pub 01/31/08) available at http://a257.g.akamaitech.net/7/257/2422/01jan20081800/edocket.access.gpo.gov/2008/pdf/08-415.pdf
ITA fact sheet available at http://ia.ita.doc.gov/download/factsheets/factsheet-multiple-rect-pipe-012408.pdf