The Department of Commerce has found that certain oil country tubular goods (OCTG) from Vietnam were not sold in the U.S. at prices below the normal value during the review period from September 1, 2018, to August 31, 2019. The review examined the transactions of SeAH Steel VINA Corporation and its U.S. affiliate, Pusan Pipe America, Inc. The preliminary results indicate no government control over these companies' exports and that no request was made to review Vietnam's overall export entity. Interested parties have a chance to comment on these findings, and the final results are expected within 120 days.
Simple Explanation
The Department of Commerce checked if some steel pipes from Vietnam were being sold too cheaply in the U.S. between 2018 and 2019 and found they weren't. People who care about this have time to say what they think before the final decision is made.