Antidumping welding pipe investigations
Published by Lydia Woellwarth,
Editor
World Pipelines,
Further to its previous press release, Cenergy Holdings S.A. announces that on 21 August 2018, the Department of Commerce (DOC) of the USA, issued its affirmative preliminary determinations in the antidumping duty investigations of imports of large diameter welded pipe from Canada, China, Greece, India, Korea and Turkey.
In the case of Greece, DOC assigned a preliminary dumping rate of 22.51% for mandatory respondent Corinth Pipeworks S.A., Cenergy Holdings’ subsidiary, as well as to all other producers and exporters of large diameter welded pipe from Greece.
Cenergy Holdings considers that there will be no material impact on its annual consolidated economic results from the aforementioned preliminary investigation since Greece is the only country accused for threat and not for current material injury and thus any duties which may be paid until the final determination will be refunded. Cenergy Holdings’ subsidiary, Corinth Pipeworks S.A., continues to co-operate with the USDOC authorities as well as with its US customers towards the final determination in the antidumping duty investigations that will take place in February 2019.
Read the article online at: https://www.worldpipelines.com/business-news/24082018/antidumping-welding-pipe-investigations/
You might also like
World Pipelines Podcast: Going global with IPLOCA
In this episode, Elizabeth Corner speaks to Georges Hage, Executive Secretary at IPLOCA, about IPLOCA's insights on the culture and characteristics of the pipeline contractor community, and how it works to support sustainable energy infrastructure.
Construction begins on Greensand’s carbon dioxide transit terminal at Port Esbjerg
When the tanks are full, the liquefied carbon dioxide will be loaded onto a dedicated carrier from Royal Wagenborg and shipped to the INEOS Nini platform in the Danish North Sea. From there, it will be safely injected via pipeline into subsurface reservoirs approximately 1800 m beneath the seabed for permanent storage.
