Final results of AD review on certain flat products from S. Korea
In response to requests from petitioners, the US Department of Commerce (DOC) conducted the eleventh administrative review of the antidumping duties on certain corrosion resistant carbon steel flat products imported from South Korea. The review covers five manufacturers/exporters of the subject merchandise: Union Steel Manufacturing (Union), Pohang Iron & Steel Company (POSCO) and Pohang Coated Steel Co (POCOS) (collectively the POSCO Group), Hyundai HYSCO (HYSCO), Dongbu Steel Corporation (Dongbu) and Dongshin Special Steel Co (Dongshin). The period of review is August 1, 2003, through July 31, 2004. On September 7, 2005, the DOC published the preliminary results of this review; however based on the comments received, the DOC decided to make changes in the preliminary results. Accordingy, the final results differ from the preliminary results. As a result, the DOC determined that during the period of review, POSCO, Union and Dongbu sold subject merchandise at less than normal value (NV), HYSCO did not make sales of the subject merchandise at less than NV (i.e it has a “zero” or de minimis dumping margin). Regarding Dongshin, since the producer failed to respond to the DOC's questionnaire, the DOC decided to resort to adverse facts available and assigned to Dongshin the “All Others” rate in effect for this order. What's more, the DOC decided to rescind the request for review of the antidumping order for SeAH Steel Corporation since SeAH did not have exports or sales in the US during the period of review. The final weighted-average dumping margins existing for the period August 1, 2003, through July 31, 2004 are as follows:Producer/Manufacturer Margin Dongbu........................................2.26% Union.........................................1.54% The POSCO Group...............................2.16% HYSCO.........................................0.00% Dongshin.....................................17.70%