31 Jan 2025
🏭Rescission of Antidumping Duty Review on OCTG from China
Oil Country Tubular Goods From the People's Republic of China: Rescission of Antidumping Duty Administrative Review; 2023-2024
Summary
The U.S. Department of Commerce (Commerce) is rescinding the administrative review of the antidumping duty (AD) order on oil country tubular goods (OCTG) from the People's Republic of China (China) for the period of review (POR) May 1, 2023, through April 30, 2024, because, as explained below, there are no suspended entries for the two companies subject to this review.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$ - Med
The rescinded review of antidumping duties on oil country tubular goods (OCTG) from China suggests stable compliance requirements for businesses involved in importation, as no changes to cash deposit rates will occur. This clarity on regulatory conditions directly impacts financial planning and forecasting for affected companies.