Seah Steel, why've lived shares fell today

[Korea nine hyerin financial newspaper reporter] Seah Steel shares only 10 trading days, down 1 day ago compared to 5.16% (5500 won) ended in 1000 won. The news last week that the United States directly or Peter White House National Trade Council (NTC) Chairman of the Department of Commerce official transfer him to a 36% upward Korean oil country tubular dumping margin is interpreted to be affected.

The last 10 days or immediately chairman reportedly claimed that the Department applied the specific market situation (particular market situation) for the oil country tubular goods from Korea, have raised the dumping margin. US Commerce Department last July 2014 imposing anti-dumping duties of 9.89 ~ 15.75% for oil country tubular goods from Korea, but the US Court of International Trade (CIT) ruled dwaetdago Department of Commerce's final ruling is wrong.

This Department of Commerce yeonrae review was 9.83% lower than the maximum centrifugal final decision on the preliminary determination (Seah Steel lowered to 9.02% from the previous 12.82%), was to be the final determination is published in April.

Daishin Securities yijonghyeong researchers' protectionist who in Navarro chairman alleged Korean oil country tubular dumping margin raised fears and uncertainties occur today Seah background of steel price decline, it said, "uncertainty until the final decision is one already exists in the United States Court of International Trade the final decision is overturned it by the US Department of Commerce's recognition of fault and the possibility of Korean dumping margin oil country tubular upward is limited to determining "he said.



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