A Commerce release [PDF 212 KB] also announces a negative preliminary determination in the AD investigation of imports of oil-country tubular goods from Korea.
With the preliminary affirmative determinations for India, the Philippines, Saudi Arabia, Taiwan, Thailand, Turkey, Ukraine, and Vietnam, Commerce will instruct U.S. Customs and Border Protection to require cash deposits based on the preliminary rates calculated in these investigations.
No cash deposits will be required on imports from Korea.
Commerce is scheduled to announce its final determinations on or about July 8, 2014.
If Commerce makes affirmative final determinations, and the U.S. International Trade Commission (ITC) makes affirmative final determinations that imports of oil-country tubular goods from India, Korea, the Philippines, Saudi Arabia, Taiwan, Thailand, Turkey, Ukraine, and/or Vietnam, materially injure or threaten material injury to the U.S. domestic industry, Commerce will issue AD orders.
If either Commerce or the ITC’s final determinations are negative, no AD orders will be issued. The ITC will make its final injury determination in August 2014.
For more information, contact a professional with KPMG’s Trade & Customs practice:
John L. McLoughlin
Todd R. Smith
Luis A. Abad
Or your local KPMG Trade & Customs professional.