The US Department of Commerce (USDOC) preliminarily ruled that certain oil country tubular goods (OCTG) from South Korea were sold to the US market at prices lower than normal value during the period of review from September 1, 2018 through August 31, 2019.

The estimated weighted-average dumping margin of SeAH Steel Corporation and non-examined companies was 1.07%, and that for Hyundai Steel Company was set at zero.

If the rate is finalized, SeAH Steel's new final dumping margin will be higher than the existing one.