South Korea Hot-Rolled Steel: Prelim Results of AD Admin Review
The Commerce Department published 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 48 producers and exporters that was entered Oct. 1, 2021, through Sept. 30, 2022.
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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 48 listed in Commerce's notice) (ADCVDWeb Message # 3010407).
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. | zero |
| POSCO/POSCO International Corp. | zero |
| Non-Individually Examined Companies (45) | zero |
Review average rate companies. See Commerce's notice, Appendix II, for a complete list of the 45 companies that were not individually examined.
No shipments. Commerce preliminarily determined that Aekyung Chemical Co., Ltd. (Aekyung) had no shipments of subject merchandise during the period of review. If this finding is confirmed in the final results, Aekyung's cash deposit rate will not change, and any entries under Aekyung's case number would be liquidated at the all others rate.
Assessment Rates
As part of this administrative review, Commerce will also calculate final AD assessments on importers of subject merchandise exported by the companies under review that was entered between Oct. 1, 2021, and Sept. 30, 2022. If these preliminary results are confirmed in the final results, importers of subject merchandise from Hyundai and POSCO and the 45 non-individually examined companies during that period would not be assessed antidumping duties.
(The period of review is 10/01/21 - 09/30/22. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)