US adjusts anti-dumping duties on Korean OCTG imports

The US Department of Commerce announced that it has adjusted downward anti-dumping duties on South Korean OCTG imports. On August 2, the International Trade Court (CIT) indicated that the dumping margin was not consistent with the end results.

The current anti-dumping duty ranged from 9.89% - 15.75%, and after the adjustment it decreased for Hyundai Steel to 6.49%, and for other manufacturers it was 5.24% - 12.82%.