U.S. imposes final antidumping duty of 4.89% on Interpipe OCTG

MOSCOW. Dec 27 (Interfax) - The U.S. Department of Commerce has imposed a final antidumping duty of 4.89% on the products of Interpipe Group as part of an administrative review of imports of oil country tubular goods (OCTG) from Ukraine.

Ukrainian media reported that according to the Commerce Department, OCTG from Interpipe were sold "at less than normal value" during the period of review, which was from July 1, 2021 to June 30, 2022.

The duty has been imposed for the group's divisions Interpipe Europe S.A., Interpipe Ukraine, Interpipe Nizhnedneprovsky Tube Rolling Plant (Interpipe NTRP) and Interpipe Niko Tube. The review was initiated following complaints from Maverick Tube Corporation; Tenaris Bay City, Inc.; IPSCO Tubulars Inc.; and United States Steel Corporation.

The U.S. Department of Commerce s imposed a preliminary antidumping duty of 4.89% on the products of Interpipe Group in August 2023.

Interpipe is a Ukrainian industrial group that manufactures seamless pipes and railway wheels. The company exports its products to more than 80 countries through a network of trade offices located in the key markets of the Middle East, North America and Europe. Interpipe sold 384,000 tonnes of pipe products and 87,000 tonnes of railway products in 2022.

Interpipe has five manufacturing divisions: Interpipe NTRP, Interpipe Novomoskovsk Pipe Plant, Interpipe Niko Tube, Interpipe Vtormet and electric furnace steel plant Dneprostal (Interpipe Steel).

Interpipe Limited's ultimate beneficiaries are Ukrainian businessman Viktor Pinchuk and members of his family.