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23 May
18:51

US maintains countervailing duty on large-diameter Korean pipe

The US Department of Commerce is upholding the countervailing duty order on large-diameter welded pipe (LDWP) from South Korea after finding that revocation would likely lead to the continuation or recurrence of countervailable subsidies, Kallanish understands. Commerce found revocation of the duties would likely lead the following companies to proceed with subsidy rates (percent ad valorem) as follows: Husteel Co Ltd, 0.01% de minimis; Hyundai Steel, 0.44% d…
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