South Korea Cold-Rolled Steel: Prelim Results of AD Admin Review
The Commerce Department released the preliminary results of its antidumping duty administrative review on cold-rolled steel flat products from South Korea (A-580-881). The agency preliminarily calculated a zero percent AD duty rate for all three companies under review -- Hyundai Steel Company; POSCO/POSCO International Corporation; and KG Dongbu Steel Co., Ltd. If the agency's finding is continued in the final results, importers of subject merchandise from Hyundai, POSCO and KG Dongbu entered Sept. 1, 2020, through Aug. 31, 2021, will not be assessed AD duties, and future entries from these three companies will not be subject to an AD cash deposit requirement until further notice. Any changes to their cash deposit rates would take effect on the date of publication in the Federal Register of the final results of this review, which are due in February.
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This review covers only Hyundai, POSCO and KG Dongbu. Cash deposit rates for all other exporters of subject merchandise will not change as a result of this review, and Commerce has ordered liquidation of entries from such companies “as entered” at the cash deposit rate in effect at the time of entry (AD/CVDWeb Messages # 1351409).
(The period of review is 09/01/20 - 08/31/21. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)