On March 5, the US Department of Commerce (DOC) announced its final determination in the administrative review of the antidumping (AD) order against cut-to-length (CTL) carbon steel plate from South Korea, making no changes in the dumping margins determined in the preliminary decision issued on September 24, 2009.
The institution has calculated a final dumping margin of 32.7 percent for three of the respondents in the review, namely Hyosung Corporation, Hyundai Mipo Dockyard Co. Ltd and JeongWoo Industrial Machine Co. Ltd. The DOC rescinded the review with respect to Daewoo International Corporation, the other respondent, on the basis that it made no shipments of the subject merchandise during the period of review.
The period of the review, in which Nucor Corporation was the domestic interested party, was from February 1, 2008, through January 31, 2009.
The mentioned merchandise is currently classified in the Harmonized Tariff Schedule of the United States (HTSUS) under item numbers 7208.40.3030, 7208.40.3060, 7208.51.0030, 7208.51.0045, 7208.51.0060, 7208.52.0000, 7208.53.0000, 7208.90.0000, 7210.70.3000, 7210.90.9000, 7211.13.0000, 7211.14.0030, 7211.14.0045, 7211.90.0000, 7212.40.1000, 7212.40.5000 and 7212.50.0000.
As SteelOrbis previously reported, there is also a countervailing duty (CVD) order against CTL carbon steel plate from South Korea, and the CVD deposit rate for the four abovementioned South Korean companies is 3.26 percent, which is the South Korea-wide rate.