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14 Mar
16:56

Commerce issues initial CVD decision in OCTG case

The US Department of Commerce has issued preliminary countervailing duty determinations in a trade case investigating OCTG imports from South Korea and Russia. Based upon a review of the 2020 calendar year, Commerce has initially determined that South Korean companies have not been provided countervailable government subsidies. Commerce set a 0.17% de minimis rate for Hyundai Steel and a 0% rate for SeAH Steel. De minimis rates under 0.5% are disregarded, Kallanis…
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