U.S. Steel Appeals Lowered Duties on Korean Oil and Gas Pipes

Feb. 22, 2021, 3:56 PM UTC

U.S. Steel Corp. told the Federal Circuit that the Commerce Department’s analysis of economic conditions in South Korea should have been deferred to when the agency set U.S. duties on certain oil and gas drilling equipment from the Asian nation.

The U.S. maintains antidumping duties on Korean oil country tubular goods, used primarily in drilling and extraction operations. Commerce conducted a periodic duty review covering imports of these goods that entered the U.S. from September 2015 to August 2016.

Commerce originally calculated dumping margins and corresponding duty rates of 75.81% for NEXTEEL Co. and 6.75% for SeAH Steel Corp. Korean ...

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