💰Preliminary Results of Antidumping Duty Review on Steel Products
Circular Welded Carbon Steel Standard Pipe and Tube Products From the Republic of Türkiye: Preliminary Results of Antidumping Duty Administrative Review; 2023-2024
Summary
The U.S. Department of Commerce (Commerce) preliminarily determines that the sole mandatory respondent in this administrative review, Borusan Birle[scedil]ik Boru Fabrikalari Sanayi ve Ticaret A.[Scedil]. (Borusan Boru) and its affiliated entity, Borusan Istikbal Ticaret T.A.S (Istikbal) (collectively, Borusan), a producer and exporter subject to this administrative review, made sales of circular welded carbon steel standard pipe and tube products (CWP) from the Republic of T[uuml]rkiye (T[uuml]rkiye) at less than normal value (NV) during the period of review (POR) May 1, 2023, through April 30, 2024. Interested parties are invited to comment on these preliminary results.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$$ - High
The document outlines the preliminary results of an antidumping duty review, which involves significant regulatory compliance and potential financial implications for businesses importing circular welded carbon steel products from Türkiye. The weighted-average dumping margin of 9.31% could affect pricing strategies and profit margins for affected importers.