Government/Policy
November 8, 2022
Commerce Updates Duties on Hot Rolled from Turkey, South Korea
Written by Laura Miller
The US Department of Commerce’s International Trade Administration (ITA) is updating import duties on hot-rolled steel flat products from Turkey and South Korea. The agency just released preliminary results in reviews of the countervailing duties on Turkish product and antidumping duties on South Korean product, according to Federal Register filings.
In the initial results of the AD duty administrative review for Turkey, the ITA found that Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi AS did not make sales of HR steel at prices below normal value during the period of review Oct. 1, 2020, through Sept. 30, 2021. It therefore assigned the company a 0% preliminary weighted-average dumping margin. If this same margin is also found in the final results of the review, hot rolled imports from Habas will not be subject to AD duties. This would be a big change from the duties the company was previously subject to.

