The United States Department of Commerce published the preliminary results of its administrative review of the antidumping duty (AD) order on imports of Oil Country Tubular Goods (OCTG) from Mexico at prices below normal value by the company Tubos de Acero de México (TAMSA).
The trade authority preliminarily calculated that the weighted average dumping margin of 30.38 percent is for the review period from May 11, 2022 to October 31, 2023. In addition, it reported that it rescinded the review of OCTG imported from Argentina by Siderca (owned by Tenaris).
TAMSA, also known as Tenaris-TAMSA, is the Mexican unit of the Luxembourg-based steel tube producer giant Tenaris. Tenaris is the sister company of the Latin American flat and long steel producer giant. Both are owned by the Italian-Argentine Techint Group.