AD: Korea Oil Country Tubular Goods, Other Than Drill Pipe

The International Trade Administration (ITA) has issued its final results of the antidumping (AD) duty administrative review of oil country tubular goods, other than drill pipe, from Korea for the period of August 1, 2004 through July 31, 2005.

AD Cash Deposit Instructions for a Time of Entry on or after 03/06/07:

(a) The ITA has found that the AD duty rate for Husteel is de minimis (0.39%). As a result, no cash deposit will be required; however, suspension of liquidation will continue;

(b) For previously reviewed or investigated companies not listed above, the AD duty cash deposit rate will be the company-specific rate established for the most recent period;

(c) If the exporter is not a firm covered in this review, a prior review, or the AD investigation, but the manufacturer is, the AD duty cash deposit rate will be the rate established for the most recent period for the manufacturer of the subject merchandise; and

(d) If neither the exporter nor the manufacturer is a firm covered by this review, a prior review, or the AD investigation, the AD duty cash deposit rate shall be the all others rate established in the AD investigation, which is 12.17%.

Assessment Instructions for the Review Period (08/01/04 - 07/31/05)

The ITA states that it intends to issue assessment instructions for subject merchandise to U.S. Customs and Border Protection (CBP) 15 days after March 6, 2007.

Additionally, the ITA states that it calculated importer-specific or customer-specific duty assessment rates for subject merchandise, which trade sources note may differ significantly from the AD cash deposit rates listed above (which are weighted averages).

The ITA adds that for entries of subject merchandise during the review period produced by companies included in these final results of review for which the reviewed companies did not know their merchandise was destined for the U.S., the ITA will instruct CBP to liquidate unreviewed entries at the "all-others" rate if there is no rate for the intermediate company(ies) involved in the transaction. (See ITT's Online Archives or 06/02/03 news, 03060245, for BP summary of the ITA's May 2003 "automatic assessment" regulation.)

(See ITA notice for more information, including the scope of the order, etc. See ITT's Online Archives or 09/19/06 news, 06091930, for BP summary of the preliminary results of this AD duty administrative review.)

ITA contact - Scott Lindsay (202) 482-0780

ITA Notice (FR Pub 03/06/07) available at http://a257.g.akamaitech.net/7/257/2422/01jan20071800/edocket.access.gpo.gov/2007/pdf/E7-3893.pdf