US DOC revises final margins in review of Korean HDG imports

Wednesday, 18 January 2017 23:01:50 (GMT+3)   |   San Diego
       

The Court of International Trade (CIT) announced this week that it has sustained in full the US Department of Commerce's (DOC) second remand results pertaining to the fifteenth administrative review of the antidumping duty order on certain corrosion-resistant steel flat products from the Republic of Korea.
 
The DOC is notifying the public that the final judgment in this case—the period covered is August 1, 2007, through July 31, 2008—is not in harmony with the final results of the administrative review, and that the DOC is amending the final results with respect to the weighted-average dumping margins assigned to Union Steel Manufacturing Co., Ltd. (Union), Hyundai HYSCO (HYSCO), and Dongbu Steel Co., Ltd. (Dongbu).
 
On March 15, 2010, the DOC issued the final results for dumping margins as follows:
• Union: 14.01 percent
• HYSCO: 3.29 percent
• Dongbu: 8.65 percent
 
The DOC is now amending the final results for dumping margins as follows:
• Union: 9.83 percent
• HYSCO: 5.56 percent
• Dongbu: 7.70 percent
 
In the event that the CIT's rulings are not appealed or, if appealed, is upheld by a final and conclusive court decision, the DOC will instruct US Customs and Border Protection (CBP) to assess antidumping duties unliquidated entries of subject merchandise based on the revised dumping margins listed above.

Similar articles

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab

US sheet prices tick up modestly ahead of Easter weekend

28 Mar | Flats and Slab

US HDG imports up 10.6 percent in February

28 Mar | Steel News

Chinese HDG export prices mainly stable, with negative bias in some offers

28 Mar | Flats and Slab

Ex-India HDG and CRC prices edge down, trade remains in doldrums

28 Mar | Flats and Slab

HDG consumption in Mexico up 12.0 percent in January

27 Mar | Steel News

Japanese crude steel output down 3.8 percent in February from January

27 Mar | Steel News

US flats source believe HRC prices are “at or near the bottom”

22 Mar | Flats and Slab

Romania’s sole flats mill cuts HRC prices, raises HDG and PPGI prices

22 Mar | Flats and Slab

Ex-India HDG prices stable due to silent trade amid multiple cheaper alternatives for buyers

21 Mar | Flats and Slab