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

US assigns preliminary AD duty rate to tungsten shot imports from China

  • Government Policies
  • 17 Feb 2025 15:00

Mexico makes final determination of 2nd AD sunset review on seamless pipe from China

  • Government Policies
  • 14 Feb 2025 13:29

MITI raises AD duties on Hoa Phat's coated products

  • Government Policies
  • 14 Feb 2025 11:25

Canada initiates second AD sunset review on hot rolled carbon steel plates from 6 countries

  • Government Policies
  • 13 Feb 2025 14:57

Japan seeks exemption from US steel & aluminum tariffs

  • Government Policies
  • 13 Feb 2025 14:04

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,843.00
  • 2,884.00
  • Aluminum
  • 2,660.00
  • 2,643.00
  • Copper
  • 9,810.00
  • 9,660.00
  • Nickel
  • 15,350.00
  • 15,565.00

Learn more

Coil Exchange Center

Learn more