South Korea Steel CTL Plate: Prelim Results of AD Admin Review
The Commerce Department released the preliminary results of its antidumping duty administrative review on carbon and alloy steel cut-to-length plate from South Korea (A-580-887), calculating a 2.8% AD rate for POSCO (and its affiliated companies). If the agency's finding is continued in the final results, importers of subject merchandise from POSCO entered between May 1, 2020, and April 30, 2021, will be assessed antidumping duties at that rate.
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Entries during this period from all exporters not under review (i.e., all except POSCO and its affiliates) will be liquidated as entered, at the cash deposit rate in effect at the time of entry (ADCVDWeb Message # 1222411).
Only POSCO (as a single entity, including affiliates) is covered by this review. Cash deposit rates for all other exporters will not change. The cash deposit rate for all other producers and exporters will continue to be 7.1%.
(The period of review is 05/01/20 - 04/30/21. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)