South Korea Corrosion-Resistant Steel: Prelim Results of AD Admin Review
The Commerce Department has released the preliminary results of its antidumping duty administrative review on corrosion-resistant steel products (CORE) from South Korea (A-580-878). Rates calculated in this review will be used to set assessment rates for importers of subject merchandise from seven exporters that was entered July 1, 2021, through June 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, in a message to CBP (ADCVDWeb Message # 2284415).
Cash Deposit Requirements
Once Commerce issues its final results, new AD duty cash deposit requirements may take effect for the companies under review, beginning on the date of publication of the final results in the Federal Register. Preliminary AD duty rates are as follows:
| Exporter | AD Rate (Prelim) |
|---|---|
| Dongkuk Steel Mill Co., Ltd. | zero |
| Hyundai Steel Company | zero |
| KG Dongbu Steel Co., Ltd. | zero |
| POSCO | zero |
| POSCO STEELEON Co., Ltd. | zero |
| POSCO International Corporation | zero |
| SeAH Coated Metal | zero |
| SeAH Steel Corporation | zero |
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 July 1, 2021, and June 30, 2022. If the preliminary results are confirmed in the final results, importers of subject merchandise from the companies under review will not be assessed AD duties.
(The period of review is 07/01/21 - 06/30/22. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)