The U.S. Department of Commerce has preliminarily determined that certain producers/exporters from South Korea, reviewed for antidumping on welded line pipe, did not sell products below their normal value during the period from December 1, 2022, to November 30, 2023. The review revealed zero percent dumping margins for key companies, leading to the same zero rate being applied to other non-examined companies. The Department invites public comment on these preliminary results and will issue final results within 120 days post-publication. This review aims to ensure fair pricing practices in international trade and uphold U.S. trade laws.
Simple Explanation
In this review, the U.S. Department of Commerce checked whether South Korean companies selling pipes to the U.S. were charging unfairly low prices, and they found that the companies were playing fair so far. Now, they're asking people for their thoughts before making a final decision.