A November World Trade Organization (WTO) Dispute Settlement Body determination that U.S. antidumping duties on oil country tubular goods (OCTG) from South Korea violate WTO rules became final on Friday, according to BusinessKorea.
A November World Trade Organization (WTO) Dispute Settlement Body determination that U.S. antidumping duties on oil country tubular goods (OCTG) from South Korea violate WTO rules became final on Friday, according to BusinessKorea.
The U.S. didn’t file an appeal with the WTO Appellate Body within the required 60-day timeframe, so the ruling became final.
The Commerce Department set the duties in July 2014, ranging from 9.9 percent to 15.8 percent, and in April, Commerce released administrative review widened duties on OCTG to 2.76 to 24.9 percent.
WTO ruling against U.S. duties on OCTG imports from South Korea finalized
