On July 11, 2014, the Department of Commerce of the USA has announced the final determinations in the antidumping duty investigations of import of certain OCTG from 9 countries including Ukraine. The U.S. Department of Commerce has assessed a final margin of 6.73% on certain OCTG imports from Ukraine. The U.S. Department of Commerce has simultaneously announced the commencement of a suspension agreement with Interpipe, suspending the duty deposit requirements until July 2017.
Interpipe has a very strong position in the global railroad wheels industry ranking 3rd worldwide in terms of production of forged wheels, which have higher quality and reliability characteristics compared to the alternative cast wheels, and 4th in terms of production of all types of railway wheels.
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