Final Results of Antidumping Duty Review on Korean Steel
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The U.S. Department of Commerce has concluded that several Korean steel manufacturers did not sell their cut-to-length steel plates in the U.S. at unfairly low prices for the review period from May 2023 to April 2024. Companies need to ensure compliance with trade regulations to avoid penalties. There are no anti-dumping duties applied to these companies for this period.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- POSCO group not subjected to antidumping duties
- Review period identified: May 2023 - April 2024
- Assessment instructions updated for customs
Obligations
What this law requires
Importers must file a certificate regarding the reimbursement of antidumping and/or countervailing duties prior to liquidation of the relevant entries during the period of review.
Importers must file a certificate regarding the reimbursement of antidumping and/or countervailing duties prior to liquidation of the relevant entries during the review period.
Companies involved in the export of carbon and alloy steel cut-to-length plates should maintain records to demonstrate compliance with U.S. trade regulations.
U.S. Customs and Border Protection (CBP) must liquidate applicable entries of subject merchandise without regard to antidumping duties if the weighted-average dumping margin is zero percent.
Commerce will issue assessment instructions to CBP regarding the liquidation of entries no earlier than 35 days after the publication of the final results.