The US Department of Commerce (DOC) announced Monday the final results of its administrative review of the countervailing duty (CVD) order on cut-to-length carbon quality steel plate from Korea.
The review covered six Korean producers and exporters during calendar year 2012. They are: Dongkuk Steel Mill Co., Ltd.; Edgen Murray Corporation; Kyoungil Col. Ltd.; Samsung C&T Corporation; Samwoo EMC Co., Ltd.; and TCC Steel Corp.
The DOC selected Dongkuk as the only mandatory respondent for individual review, and it calculated a final weighted-average CVD margin of 0.11 percent, which is de minimis. The DOC applied the same rate (i.e., 0.00 percent) to the other five companies.
Accordingly, effective today, August 11, 2014, the CVD deposit rate for Dongkuk remained 0.00 percent, and the CVD deposit rates for Edgen Murray, Kyoungil, Samsung C&T, Samwoo EMC, and TCC Steel became 0.00 percent.