OCTG: Prelim CV Cash Deposit Rates Take Effect for Russia, Not South Korea
Countervailing duty cash deposit requirements take effect March 14 for imports of oil country tubular goods from Russia (C-821-834), after the Commerce Department found illegal subsidization in its preliminary determination. The agency also found that OCTG from South Korea (C-580-913) are not being illegally subsidized, in a negative countervailing duty determination, and will not suspend liquidation or impose CV duty cash deposit requirements for imports from South Korea at this time.
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The merchandise subject to these investigations is also the subject of antidumping duty investigations on OCTG from Russia, as well as on Argentina and Mexico. Commerce's preliminary AD duty determinations are due March 15.
Scope Clarified to Exempt All Stainless Steel Couplings
Commerce is modifying the scope of the AD/CVD investigations on OCTG to clarify that stainless steel coupling stock is exempt. Previously the scope had only exempted "casing or tubing containing 10.5 percent or more by weight of chromium." After the petitioner that requested the investigations clarified that the exemption is meant to cover all stainless steel OCTG, including coupling stock, Commerce is modifying the scope to add the following language:
"Excluded from the scope of the investigations are: casing, tubing, or coupling stock containing 10.5 percent or more by weight of chromium; drill pipe; unattached couplings; and unattached thread protectors."
CV Suspension of Liquidation and Cash Deposit Requirements
Commerce will instruct CBP to suspend liquidation for all entries of subject merchandise from Russia that is entered, or withdrawn from warehouse, for consumption on or after March 14. It will require CV duty cash deposits at the following rates:
| Manufacturer/Exporter | CV Rate |
|---|---|
| Volzhsky Pipe Plant, Joint Stock Company; Sinarsky Pipe Plant, Joint Stock Company; Seversky Pipe Plant, Joint Stock Company; Taganrog Metallurgical Plant, Joint Stock Company; Orsky Machine Building Plant, Joint Stock Company; and PAO TMK; TMK Neftegasservice-Nizhnevartovsk, Joint Stock Company; TMK Neftegasservice-Buzuluk, Limited Liability Company; Russian Research Institute of the Tube & Pipe Industries, JSC; and Scientific and Technical Center TMK, LLC | 1.37% |
| JSC Vyksa Steel Works; BusinessOptima; Metallolomaya Company OMK – Ecometall; United Metallurgical Company; and Joint-Stock Company Trubodetal | 1.68% |
| All Others | 1.53% |
(The period of investigation is 01/01/20 - 12/31/20. See Commerce's notice for more information, including the scope, suspension of liquidation, etc. See 2111010042 for a summary of the initiation of this CV duty investigation, and 2110080024 for summary of the underlying petition.)