The US Department of Commerce (DOC) announced Monday the preliminary results of its administrative review of the antidumping (AD) order on cut-to-length carbon quality steel plate from Korea.
The review covers six Korean producers/exporters during the period from February 1, 2012, through January 31, 2013.
The DOC has calculated a preliminary dumping margin of 4.64 percent for Dongkuk Steel Mill Co., Ltd., the only company which is subject to individual examination during this review.
In addition, the DOC has assigned the same dumping margin — 4.64 percent percent — to the five other companies that requested reviews but were not individually reviewed. They are Edgen Murray Corporation; Kyoungil Co., Ltd.; Samsung C&T Corp.; Samwoo EMC Co., Ltd.; and TCC Steel Corp.
The DOC plans to complete this review by July 2014. The current dumping duty deposit rates will remain in effect until the DOC publishes its final results in the Federal Register. The current deposit rates are 0.00 percent for Dongkuk, Samsung C&T, and TCC Steel and 0.98 percent for Edgen Murray, Kyoungil, and Samwoo EMC.