29 Sep 2022 17:25

U.S. Commerce Dept concludes investigation into Russia-exported OCTG, determines duty at 12.8%-184.2%

MOSCOW. Sept 29 (Interfax) - The United States Department of Commerce has concluded its anti-dumping investigation into oil country tubular goods imported to the U.S. from Russia, and has found that the pipe products have been supplied to the U.S. at below market prices, the department said in a statement.

Based on the results of the investigation covering October 1, 2020, to September 30, 2021, the department concluded that the dumping margin for OMK plants was estimated at 12.84% for OMK Vyksa Steel Works; 184.21% for TMK plants ; and 12.84% for other Russian exporters.

According to the results of the preliminary investigation published on May 11, the dumping margin for OMK and TMK plants was announced within the range of 11.8% (for VSW) to 121.1% (for TMK plants), and 70.49% for other Russian exporters.