The US Department of Commerce (US DOC) has announced that it has amended the preliminary antidumping (AD) duty decision regarding the AD investigation on imports of carbon and alloy steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine, and the United Kingdom, upon a complaint lodged by US-based companies Gerdau Ameristeel US Inc., Keystone Consolidated Industries, Inc., and Charter Steel, alleging that the DOC made a significant ministerial error in the preliminary determination.
According to the amended decision, the DOC recalculated a preliminary AD duty rate of 40.80 percent for South Korean steelmaker POSCO and all other exporters from South Korea, compared to the previous preliminary AD duty rate of 10.09 percent for POSCO and all other exporters from the country as announced in October this year.
The products in question currently fall under the Harmonized Tariff Schedule of the United States (HTSUS) 7213.91.3011, 7213.91.3015, 7213.91.3020, 7213.91.3093, 7213.91.4500, 7213.91.6000, 7213.99.0030, 7227.20.0030, 7227.20.0080, 7227.90.6010, 7227.90.6020, 7227.90.6030 and 7227.90.6035.