No subsidies for Korean steel pipes, review partly scrapped
Published Date: 9/15/2026
Notice
Summary
The U.S. Department of Commerce (Commerce) determines countervailable subsidies were not provided to SeAH Steel Corporation (SeAH Steel), a producer and exporter of oil country tubular goods (OCTG) from the Republic of Korea (Korea). The period of review (POR) is January 1, 2023, through December 31, 2023. In addition, Commerce is rescinding this review with respect to Hyundai Steel Pipe Co., Ltd. (Hyundai Pipe).
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
Cash Deposit Rate Continued for Other Firms
Commerce will instruct CBP to continue collecting cash deposits of estimated countervailing duties for all non-reviewed firms subject to the Order at the most recent company-specific rate or the all-others rate established in the original investigation (1.33 percent). These cash deposit requirements take effect upon publication of the final results (September 15, 2026) and will remain in effect until further notice.
SeAH De Minimis Finding and Zero Deposit
Commerce found a de minimis countervailable subsidy rate of 0.12 percent ad valorem for SeAH Steel Corporation for the period January 1, 2023 through December 31, 2023. Commerce will instruct U.S. Customs and Border Protection (CBP) to liquidate appropriate SeAH entries without regard to countervailing duties and to set the cash deposit rate for SeAH shipments entered or withdrawn for consumption on or after the date of publication (September 15, 2026) to zero.
Hyundai Pipe Review Rescinded; Duties Assessed
Commerce is rescinding the administrative review for Hyundai Steel Pipe Co., Ltd. because CBP import data showed no reviewable entries during January 1, 2023 through December 31, 2023. For Hyundai Pipe entries, Commerce will instruct CBP to assess countervailing duties at a rate equal to the cash deposit of estimated countervailing duties required at the time of entry or withdrawal from warehouse for consumption, in accordance with 19 CFR 351.212(c)(1)(i).
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