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ITC to Revoke Orders for OCTG Imports

The U.S. International Trade Commission (ITC) will revoke its existing antidumping duty orders on imports of oil country tubular goods from Argentina, Italy, Japan, Korea, and Mexico.
 
The decision follows the Commission’s five-year (sunset) review and determination that revoking he existing orders would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
 
For the injury determinations, Chairman Daniel R. Pearson, Vice Chairman Shara L. Aranoff, and Commissioners Deanna Tanner Okun and Irving A. Williamson voted in the negative for all countries and products.
 
Commissioner Dean A. Pinkert made negative determinations with respect to casing and tubing from Argentina, Italy, and Mexico and to drill pipe from Japan; he made affirmative determinations with respect to casing and tubing from Japan and Korea.
 
Commissioner Charlotte R. Lane made affirmative determinations with respect to casing and tubing from all countries and a negative determination with respect to drill pipe from Japan.
 
The five-year (sunset) reviews for Oil Country Tubular Goods from Argentina, Italy, Japan, Korea, and Mexico were instituted on June 1, 2006. On September 5, 2006, the Commission voted to conduct full reviews. All six Commissioners concluded that both the domestic group response and the respondent group responses were adequate and voted for full reviews.