Steel News

We strive to let you one step ahead of the market.

US declares final CVD expedited first sunset review on LDWP from India & South Korea

24 May 2024 17:22 reported by Stanley Wang

A A A
According to the final results of the countervailing duty (CVD) expedited first sunset review, the US Department of Commerce (USDOC) finds that revocation of the CVD order on large diameter welded pipe (LDWP) from South Korea and India would be likely to lead to continuation or recurrence of countervailable subsidies at the levels indicated in the “Final Results of Sunset Review” section of this notice.

Therefore, the subsidy rate for India’s enterprises was set at 541.15% while South Korean Husteel Co., Ltd, Hyundai Steel, SeAH Steel, and all other companies were assigned 0.01%, 0.44%, 27.42%, and 9.29%, respectively. The measure is applicable on May 22, 2024.

Back to Steel News

Related News

EU to impose additional duties on Chinese electric vehicles by up to 38.1%

  • Government policies
  • 14 Jun 2024 15:14

EU declares final result of AD order sunset review on steel ropes & cables originating in China as extended to Morocco & South Korea

  • Government policies
  • 13 Jun 2024 16:57

Canada announces preliminary AD result on wire rod from China, Egypt & Vietnam

  • Government policies
  • 12 Jun 2024 17:16

Turkey to impose additional 40% tariff on Chinese internal combustion engine & hybrid vehicles

  • Government policies
  • 12 Jun 2024 15:59

US announces expedited first AD sunset reviews on large-diameter welded pipe from 6 countries

  • Government policies
  • 11 Jun 2024 17:22

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,808.00
  • 2,861.50
  • Aluminum
  • 2,496.00
  • 2,557.00
  • Copper
  • 9,732.00
  • 9,859.00
  • Nickel
  • 17,525.00
  • 17,775.00

Learn more

Coil Exchange Center

  • 2B Coil-Jul
  • 0
  • 0
  • NO1 Coil-Jul
  • 0
  • 0
  • 2B Coil-Jul
  • 0
  • 0
  • NO1 Coil-Jul
  • 0
  • 0

Learn more