South Korea Cut-to-Length Plate: Prelim Results of AD Admin Review
The Commerce Department issued the preliminary results of its antidumping duty administrative review on cut-to-length carbon-quality steel plate products from South Korea (A-580-836) (here). Once Commerce issues its final results, the agency will use the AD rates calculated in this review to set new cash deposit rates for some companies, as well as assessments of AD duties on importers for entries between February 2013 and January 2014.
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Rates Only Preliminary; Cash Deposit Rates From Previous Proceedings Still in Effect
These AD duty rates are only preliminary, and do not change current AD duty rates. Commerce may still change its calculations when it issues the final results of this administrative review. For now, the most recent final AD rate calculated for each exporter is still applicable. If no final AD duty rate has ever been calculated for a company, then it is subject to the all others rate of 0.98%. The final results of this administrative review are currently due in April.
Cash Deposit Requirements
Once Commerce issues its final results, new AD duty cash deposit requirements may take effect for some companies, beginning on the date of publication of the final results in the Federal Register.
| Producer/Exporter | AD Rate |
|---|---|
| Bookuk Steel Co., Ltd. | 0.56% |
| Dongkuk Steel Mill Co., Ltd. | 0.56% |
| SM Solution Co. Ltd. | 0.56% |
No shipments. Commerce preliminarily found that three companies under review, Hyosung Corporation, Samsung C&T Corporation, and TCC Steel Corporation, did not have any shipments of subject merchandise to the U.S. during the period of review. If Commerce continues this finding in the final results, subject from these companies will continue to enter at cash deposit rates set in the most recent previous administrative review of each company.
Assessment Rates
Commerce will use these rates to calculate assessments of AD duties on importers for entries between Feb. 1, 2013 and Jan. 31, 2014. The agency intends to calculate importer-specific assessment rates for Dongkuk.
(The period of review is 02/01/13 -- 01/31/14. See notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)
AD/CVD Operations contact -- Yang Jin Chun (202) 482-5760
(Federal Register 12/19/14)