No Extra Duties on Korean Oil Tubular Goods After Commerce Review
Published Date: 2/21/2025
Notice
Summary
The U.S. Department of Commerce found that SeAH Steel Companies from Korea didn’t get unfair government help when exporting oil country tubular goods between September and December 2022. This means no extra taxes will be added to their products for that time. Importers and sellers can now move forward knowing the review is complete and final.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
No Countervailing Duties for SeAH OCTG
The Department of Commerce found that SeAH Steel Corporation and SeAH Steel Holdings received no countervailable subsidies for oil country tubular goods (OCTG) from the Republic of Korea during the period of review, September 29, 2022 through December 31, 2022. That means no countervailing duties (extra import taxes) will be applied to those products for that time, so importers and sellers can proceed without those additional charges.
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