The US Department of Commerce (DOC) has announced the preliminary results of its administrative review of the antidumping (AD) duty order on certain cold rolled steel flat products from South Korea.
During the review period from September 1, 2021, to August 31, 2022, South Korean steel producers were found to have made sales of the given products at less than normal value.
The DOC has calculated weighted-average dumping margins of 1.30 percent for Hyundai Steel Company, 2.64 percent for POSCO, and 2.22 percent for KG Dongbu Steel.
The final result of the review is expected to be announced within 120 days of publication of the preliminary results.
The preliminary antidumping duties for the country are applicable from October 5.