South Korea CTL Carbon Steel Plate: Final Results of AD Admin Review
The Commerce Department issued the final results of the antidumping duty administrative review on cut-to-length carbon quality steel plate from South Korea (A-580-836). These final results will be used to set final assessments of AD duties on importers for subject merchandise entered Feb. 1, 2020, through Jan. 31, 2021.
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New Cash Deposit Rates Take Effect July 7
For entries on or after July 7, Commerce is setting new AD duty cash deposit rates for the following companies:
| Exporter | AD Rate |
|---|---|
| Hyundai Steel Co. | 6.09% |
| BDP International | 6.09% |
| Dongkuk Steel Mill Co., Ltd. | 6.09% |
| Sung Jin Steel Co., Ltd. | 6.09% |
For exporters of subject merchandise that were not under review (i.e., all except the four companies listed above), cash deposit rates remain at the level set in the most recent review of each respective company. If the exporter has never been assigned its own AD rate but the manufacturer has, the rate assigned to the manufacturer applies. For merchandise manufactured and exported by companies that have never been assigned a cash deposit rate by Commerce, the "all others" rate of 0.98% applies.
Assessment Rates for Entries February 2020 - January 2021
Commerce is using the rates it calculated in these final results to calculate assessments of AD duties on importers of subject merchandise for entries between Feb. 1, 2020, and Jan. 31, 2021. Commerce will calculate importer-specific rates for entries from Hyundai Steel. Entries from Dongkuk, BDP and Sung Jin will be liquidated at the rates listed above.
(The review period is 02/01/20 - 01/31/21. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2202280003 for a summary of the preliminary results of this administrative review.)