The US Department of Commerce has assigned a 0% preliminary dumping rate for South Korea's NEXTEEL Co., Ltd., which sold heavy-walled rectangular welded carbon steel pipes and tubes at normal value prices from September 1, 2021 to August 31, 2022. The company received a weighted-average dumping margin of zero. The final result is expected to be announced within 120 days of the preliminary results.
USDOC sets dumping margin for NEXTEEL's carbon steel pipes and tubes
The US finds NEXTEEL's carbon steel pipes and tubes unprofitable, resulting in zero dumping margin.
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