The Department of Commerce has made a preliminary finding that seamless carbon and alloy steel pipes from South Korea are possibly being sold in the United States at unfairly low prices. This investigation covers sales from July 1, 2019, to June 30, 2020. As part of this determination, the Commerce Department will require cash deposits for estimated antidumping duties on these products. The final determination has been postponed, and the public is invited to comment on this preliminary decision.
Simple Explanation
The U.S. Department of Commerce thinks that South Korea might be selling certain steel pipes in the U.S. at prices that are too low to be fair. They plan to look into this more, and people can share their thoughts about it.