South Korea GOES: AD Rates Drop in Final Determination
The Commerce Department issued its final determination in the antidumping duty investigation on grain-oriented electrical steel from South Korea (A-580-871). The agency slightly lowered AD duty rates across the board. Changes to AD duty cash deposit requirements take effect Oct. 1.
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The next step is for the International Trade Commission to make its final injury determination, currently scheduled for Nov. 10. If the ITC finds injury, Commerce will issue an AD duty order and duties will be made permanent. If the ITC finds no injury, the investigation will be terminated and all cash deposits will be refunded.
Estimated AD Cash Deposit Rates
Commerce will instruct CBP to continue to suspend liquidation of GOES from South Korea entered on or after May 12, and require an AD duty cash deposit equal to the following AD rates:
| Exporter | AD Rate |
| POSCO | 3.68% (from 5.34%) |
| All Others | 3.68% (from 5.34%) |
(The period of investigation is 07/01/12 -- 06/30/13. See Commerce’s notice for more information, including the scope of the investigation, detailed instructions on cash deposit rates, etc. See 14050917 for summary of the preliminary determination of this investigation.)
AC/CVD Operations contact -- Mark Flessner (202) 482-6312
(Federal Register 10/01/14)