US initiates administrative review of anti-dumping duty on Vietnam’s OCTG

VOV| 22/10/2024 10:43

The United States Department of Commerce (DOC) has issued a notice initiating an administrative review into the anti-dumping duty imposed on oil country tubular goods (OCTG) imported from Vietnam.

According to the Trade Remedies Authority of Vietnam, the review period runs from September 1, 2023, to August 31, 2024.

The authority stated that the expected review list includes Vietnamese enterprises exporting OCTG to the US market.

In the notice, the DOC noted that in line with US legal regulations, interested parties in the case are permitted to submit comments and relevant information in order to refute, clarify, or correct any information presented in the petitioners’ scope review request within a 30-day period from the date of the official initiation notice.

Moreover, within 35 days from the date of announcing the initiation of the review, the DOC will move to conduct the selection of enterprises as compulsory defendants in the case based on the export volume of the businesses from high to low in accordance with data from the US Customs and Border Protection (CBP).

Furthermore, within 90 days from the date of initiation of the review, the parties can move to withdraw their request for review.

For countries deemed non-market economies by the US, such as Vietnam, businesses seeking separate duty rates must submit applications and answer Q&V questionnaires within 30 days of receiving the notice.

Failure to apply for a separate rate could result in the imposition of the national rate, which is often high.

The DOC is expected to issue the results of the administrative review by September 30, 2025.

The Trade Remedies Authority has also advised relevant producers and exporters to stay informed on ongoing case developments, comply fully with US investigation requirements, and closely cooperate with the authority throughout the review process.

Theo vov.vn
https://vov.vn/en/economy/us-initiates-administrative-review-of-anti-dumping-duty-on-vietnams-octg-post1130029.vov
Copy Link
https://vov.vn/en/economy/us-initiates-administrative-review-of-anti-dumping-duty-on-vietnams-octg-post1130029.vov
Highlighted VietBao
Don't miss
US initiates administrative review of anti-dumping duty on Vietnam’s OCTG
POWERED BY ONECMS - A PRODUCT OF NEKO