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U.S. increase antidumping tariffs on OCTG imports from S. Korea

All News 06:19 April 12, 2017

WASHINGTON, April 11 (Yonhap) -- The U.S. Commerce Department decided Tuesday to impose antidumping tariffs up to nearly 25 percent on oil country tubular goods (OCTG) imported from South Korean steelmakers.

The department announced that it will levy 24.92 percent tariffs on OCTG imports from Nexteel, 2.76 percent on SeAH Steel and 13.84 percent on Hyundai Steel and other South Korean steelmakers.

The final decisions are higher than the preliminary tariffs determined in October.


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