The US Department of Commerce (DOC) has announced the final results of its administrative review of the antidumping duty order on carbon and alloy steel wire rod from South Korean companies POSCO and POSCO International Corporation for the period between May 1, 2023, and April 30, 2024.
During the review period, the product in question from the companies was found not to have been sold at less than normal value. The DOC has determined a weighted-average dumping margin of zero percent for the companies. In the preliminary results, the weighted-average dumping margin had been determined at 0.51 percent.