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2024-28394 — Circular Welded Carbon Steel Standard Pipe and Tube Products From the Republic of Türkiye; Welded Line Pipe From the Republic of Türkiye; Certain Oil Tubular Goods From the Republic of Türkiye; and Large Diameter Welded Pipe From the Republic of Türkiye: Final Results of Antidumping Duty Changed Circumstances Reviews
December 04, 2024
Type:Notice
Citation:89 FR 96211
Reading Time:about 5 minutes
The U.S. Department of Commerce published the final results of their review on December 4, 2024. They found that Borusan Birleşik Boru Fabrikalari Sanayi ve Ticaret A.S. (Borusan Boru) is the successor of Borusan Mannesmann Boru Sanayi ve Ticaret A.S. (BMB). This means Borusan Boru will now receive the same cash deposit rates and benefits that BMB had in place for various steel and pipe products imported from Türkiye. U.S. Customs will collect cash deposits for Borusan Boru’s products based on rates previously assigned to BMB.
Simple Explanation
The U.S. Government checked and confirmed that one company in Türkiye, called Borusan Boru, is now the same as another company it used to be, BMB, for trading steel pipes. So, Borusan Boru will follow the same money rules for bringing their pipes to the U.S. as BMB did before.
2021-03619 — Certain Cold-Rolled Steel Flat Products and Certain Corrosion-Resistant Steel Products From the Republic of Korea: Final Results of Antidumping and Countervailing Duty Changed Circumstances Reviews
February 23, 2021
Type:Notice
Citation:86 FR 10922
Reading Time:about 3 minutes
The Department of Commerce has determined that KG Dongbu Steel Co., Ltd. is considered the successor to Dongbu Steel Co., Ltd. and Dongbu Incheon Steel Co., Ltd. for the purposes of antidumping duty (AD) cash deposits related to imports from Korea. However, KG Dongbu Steel is not viewed as the successor for countervailing duty (CVD) reasons because of significant ownership changes that might affect subsidy calculations. As a result, for AD purposes, KG Dongbu Steel will inherit the duty rates from Dongbu Steel/Dongbu Incheon, but for CVD, they will not. U.S. Customs and Border Protection will apply these AD rates to future imports from KG Dongbu Steel until further notice.
Simple Explanation
Imagine a toy company is changing its name from "Fun Toys" to "New Fun Toys." For keeping track of old promises, they are considered the same company when it comes to pricing rules. However, for different rules about money and help from other companies, they aren't considered the same because of changes in who owns them and how they work.

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