On Tuesday, the US Department of Commerce (DOC) announced the final results of its administrative review of the antidumping (AD) order on cut-to-length carbon-quality steel plate from Korea.
The review covered one Korean producer/exporter--Dongkuk Steel Mill Co., Ltd.--during the period from February 1, 2010 through January 31, 2011.
The DOC calculated a final dumping margin of 1.64 percent for Dongkuk. The previous dumping duty deposit rate for Dongkuk was 5.59 percent.
Accordingly, effective April 10, 2012, the dumping duty deposit rate became 1.64 percent for Dongkuk. In addition, the DOC will send instructions to US Customs and Border Protection to liquidate entries that were made during the period of review.
There is also a countervailing duty order against cut-to-length carbon-quality steel plate from Korea, and countervailing duty deposit rate for Dongkuk is 0.00 percent.
Imports of steel plate are currently classified in the HTSUS under subheadings: 7208.40.30.30, 7208.40.30.60, 7208.51.00.30, 7208.51.00.45, 7208.51.00.60, 7208.52.00.00, 7208.53.00.00, 7208.90.00.00, 7210.70.30.00, 7210.90.90.00, 7211.13.00.00, 7211.14.00.30, 7211.14.00.45, 7211.90.00.00, 7212.40.10.00, 7212.40.50.00, 7212.50.00.00, 7225.40.30.50, 7225.40.70.00, 7225.50.60.00, 7225.99.00.90, 7226.91.50.00, 7226.91.70.00, 7226.91.80.00, and 7226.99.00.00.