South Korea Large Diameter Welded Pipe: Final Results of CVD Admin Review
The Commerce Department has released the final results of its countervailing duty administrative review on large diameter welded pipe from South Korea (C-580-898). These final results will be used to set final assessments of CV duties on importers for subject merchandise entered during calendar year 2020.
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Commerce said it made no changes to the calculations or the rates determined in the preliminary results.
New Cash Deposit Rates Take Effect Nov. 3
New CV duty cash deposit rates for the producers and exporters subject to his review take effect Nov. 3, the date these final results are to be published in the Federal Register. The new rates, which will also apply for importer assessment purposes, are as follows:
| Producer/Exporter | CV Rate |
|---|---|
| Hyundai RB Co., Ltd. | 1.66% |
| SeAH Steel Corp. / SeAH Holdings Corp. / ESAB SeAH Corp. | zero |
| Review Average Rate (Applicable to 4 companies) | 1.66% |
Review average rate. The review average rate is applicable to four companies: Chang Won Bending Co., Ltd; Dong Yang Steel Pipe Co., Ltd; EEW Korea Co., Ltd; and Histeel Co., Ltd.
Companies that didn't get a rate in this review will keep their most recently assigned cash deposit rate. If the exporter has never been assigned its own CV rate, but the manufacturer has, the rate assigned to the manufacturer applies. For merchandise manufactured and exported by companies that have never been assigned a cash deposit rate by Commerce, the all-others rate of 9.29% applies.
(The review period is 01/01/20 - 12/31/20. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2206030031 for a summary of the preliminary results of this administrative review.)