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South Korea scores partial win in WTO ruling on U.S. steel pipe duties

Reuters  |  GENEVA/SEOUL 

GENEVA/SEOUL (Reuters) - South Korea won a partial victory on Tuesday when a World Trade Organization panel ruled on its legal challenge to U.S. anti-dumping duties on steel pipe used in the oil industry, but Seoul lost most of the arguments it had made. The WTO dispute panel faulted the U.S. Department of Commerce for the way it calculated the tariffs applied to the South Korean pipes, known as oil country tubular goods (OCTG). Either side can appeal the ruling within 60 days, but otherwise the United States will be expected to lift its anti-dumping measures, which would increase South ...

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First Published: Tue, November 14 2017. 23:09 IST
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