South Korea Hot-Rolled Steel: Prelim Results of AD Admin Review
The Commerce Department has released the preliminary results of its antidumping duty administrative review on hot-rolled steel flat products from South Korea (A-580-883). Rates calculated in this review will be used to set assessment rates for importers of subject merchandise from 14 producers and exporters that was entered Oct. 1, 2020, through Sept. 30, 2021.
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Commerce has already ordered liquidation as entered, at the cash deposit rate in effect at the time of entry, for entries during the period of review from all exporters not under review (i.e., all except the 14 listed in Commerce's notice) (ADCVDWeb Message # 2012402).
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.
| Exporter | AD Rate (Prelim) |
|---|---|
| Hyundai Steel Co. | 0.91% |
| POSCO/POSCO International Corp. | zero |
| Del Trading Inc. | 0.91% |
| Dongkuk Industries Co., Ltd. | 0.91% |
| Dongkuk Steel Mill Co., Ltd. | 0.91% |
| Gs Global Corp. | 0.91% |
| Gs Holdings Corp. | 0.91% |
| KG Dongbu Steel Co., Ltd. | 0.91% |
| Marubeni-Itochu Steel Korea, Ltd. | 0.91% |
| Samsung C and T Corporation | 0.91% |
| Snp Ltd. | 0.91% |
| Soon Ho Co., Ltd. | 0.91% |
| Soon Hong Trading Co. | 0.91% |
| Sungjin Co., Ltd. | 0.91% |
Assessment Rates
As part of this administrative review, Commerce will also calculate final AD duty assessments on importers of subject merchandise exported by the companies under review that was entered between Oct. 1, 2020, and Sept. 30, 2021. If these preliminary results are confirmed in the final results, importers of subject merchandise from POSCO would not be assessed AD duties, and importers from Hyundai would be assigned importer-specific rates. Entries of subject merchandise from all other companies subject to this review would be liquidated at the rates listed above.
(The period of review is 10/01/20 - 09/30/21. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)