Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The US Department of Commerce has revised its final antidumping duty (AD) on certain corrosion-resistant steel products (CORE) exported from South Korea with respect to Dongkuk Steel Mill Co during the period of review (POR) July 1, 2018, to June 30, 2019.


In a report published on Jul 15, Commerce stated that it had determined that the final results had ministerial errors after receiving comments from the company, and it has therefore revised the antidumping margins assigned to Dongkuk and companies not individually reviewed. 


Based on the ruling, Commerce has changed the final AD margin for Dongkuk Steel Mill to 0.66pc and 0.74 for companies not individually reviewed. 


The department has instructed the US Customs and Border Protection (CBP) to collect cash deposits equal to the rate listed above. CBP will also be instructed to not liquidate relevant entries until the time for parties to file a request for a statutory injunction has expired.

Leave a Reply

Your email address will not be published.