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

The US Department of Commerce has preliminarily determined antidumping duties (AD) on South Korea’s Hyundai Steel and three other non-examined producers and exporters of cut-to-length (CTL) carbon-quality steel plates.


Commerce indicated in a Jun 24 notification that the products exported by the companies were sold at less than the fair value during the period of review (POR) from February 1, 2019, to January 31, 2020.


The agency has therefore levied a preliminary AD margin of 0.68pc on Hyundai Steel, Dongkuk Steel Mill, BDP International, and Sung-Jin Steel for the POR.


Through the notification, Commerce has asked interested parties to respond to these duties within 30 days of the notification going public.


On receiving the final results of Commerce’s investigation, Customs and Border Protection (CBP) will assess AD on all entries from the companies. 

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