A petition filed Oct. 6 alleges that oil country tubular goods from Argentina, Mexico, and Russia is being sold at less than fair value in the U.S. market and that such goods from Russia and Korea are benefiting from countervailable subsidies. The alleged average dumping margins are 320.17 percent for Argentina, 280.14 percent for Mexico, and 136.17 percent for Russia.
For more information, please contact attorney Kristen Smith at (202) 730-4965.
The products covered by this petition are hollow steel products of circular cross-section, including oil well casing and tubing, of iron (other than cast iron) or steel (both carbon and alloy), whether seamless or welded, regardless of end finish (e.g., whether or not plain end, threaded, or threaded and coupled) whether or not conforming to American Petroleum Institute (API) or non-API specifications, whether finished (including limited service OCTG products) or unfinished (including green tubes and limited service OCTG products), whether or not thread protectors are attached. OCTG coupling stock is also included.
Subject goods include material matching the above description that has been finished, packaged, or otherwise processed in a third country, including by performing any heat treatment, cutting, upsetting, threading, coupling, or any other finishing, packaging, or processing that would not otherwise remove the goods from the scope of the investigations if performed in the country of manufacture of the OCTG.
Excluded from the scope of the petition are casing or tubing containing 10.5 percent or more by weight of chromium; drill pipe; unattached couplings; and unattached thread protectors.
The Department of Commerce and the International Trade Commission will next determine whether to launch AD and/or CV duty and injury investigations, respectively, on this product. There are strict statutory deadlines associated with these proceedings, so affected companies that wish to protect their interests should contact Sandler, Travis & Rosenberg as soon as possible.
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