Business & Commerce

Oil Country Tubular Goods from India, South Korea, Turkey, Ukraine, and Vietnam: Full Five-Year Reviews Scheduled

🇺🇸United States··Notice·Medium Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

The U.S. International Trade Commission (ITC) has scheduled full five-year sunset reviews under the Tariff Act of 1930 for existing trade remedy orders covering oil country tubular goods (OCTG) — steel pipes and tubes used in oil and gas drilling — imported from five countries: India, South Korea, Turkey, Ukraine, and Vietnam. The reviews will assess whether revoking countervailing duty (CVD) orders against India and Turkey, and antidumping duty (AD) orders against India, South Korea, Turkey, Ukraine, and Vietnam, would likely cause material injury to the U.S. domestic OCTG industry to continue or recur within a reasonably foreseeable timeframe. The ITC has invoked its authority to extend the review period by up to 90 days beyond the standard schedule, indicating the complexity or volume of evidence expected in these proceedings. Stakeholders — including domestic OCTG producers, importers, and foreign exporters — are expected to participate by submitting testimony and evidence as the Commission evaluates whether current duty orders remain necessary to protect the U.S. steel industry.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • ITC initiates full five-year sunset reviews for AD/CVD orders on OCTG from India, South Korea, Turkey, Ukraine, and Vietnam
  • Countervailing duty (CVD) orders under review specifically cover imports from India and Turkey
  • Antidumping duty (AD) orders under review cover all five countries: India, South Korea, Turkey, Ukraine, and Vietnam

+ 3 more changes with Pro

Affected Parties

U.S. domestic oil country tubular goods (OCTG) manufacturers and steel producersImporters and distributors of OCTG products in the United States+4 more…

Tags

antidumping,countervailing duties,oil country tubular goods