The U.S. Department of Commerce completed an administrative review and determined that large diameter welded pipes from the Republic of Korea were not sold in the U.S. at unfairly low prices between May 2022 and April 2023. The review involved 23 Korean producers and exporters, and findings led to zero percent dumping margins, meaning no extra duties will be imposed. Changes based on comments received during the review were made, affecting companies like Hyundai Steel and SeAH. The document outlines procedures for cash deposits and informs importers of their obligations to certify against duty reimbursements.
Simple Explanation
The U.S. checked if big pipes from Korea were sold too cheaply in the U.S., and they found that they weren't, so there won't be any extra charges on them.