Trade Cases

Commerce Updates AD/CVDs on Korean Cold Rolled
Written by Laura Miller
October 13, 2023
The US Department of Commerce’s International Trade Administration (ITA) is updating the antidumping and countervailing duties (AD/CVD) on cold-rolled steel imports from South Korea.

The ITA gave notice of its preliminary results in administrative reviews of the duties in the Federal Register. The final results are to be issued by early February.
AD Administrative Review
The AD review covers the one-year period ending Aug. 31, 2022.
The agency set initial weighted-average dumping margins of 1.3% for Hyundai Steel, 2.22% for KG Dongbu Steel, and 2.64% for Posco.
The dumping margins are higher than the 0% margins found for the three companies in the prior year’s administrative review.
CVD Administrative Review
The CVD review is considering the 2021 calendar year.
Preliminary subsidy rates were set at 0.78% for Hyundai Steel and 0.88% for Posco.
Again, these are higher than the rates found in the previous review. For 2020, the ITA set final rates of 0.27% de minimis for Hyundai, 0.20% de minimis for Posco, and 1.93% for non-selected companies. No duties are collected on de minimis rates, which are typically below 0.5%.

Laura Miller
Read more from Laura MillerLatest in Trade Cases

US and Canada expect positive outcomes from tariff negotiations
Canadian Prime Minister Mark Carney and US President Donald Trump told reporters at the White House on Tuesday that they’ll be formulating a trade deal that works for both nations.

Leibowitz: When the shutdown should end
There is no doubt that the current government shutdown reflects the vast divisions between the extremes of American politics, society, and even geography. Almost all Americans agree that government is necessary, but voters disagree...

Price: The U.S. Steel shutdown that wasn’t and a call to stop ‘valuation cheating’
How can the U.S. government block U.S. Steel’s Granite City rolling mill closure without harming other American steelmakers? Reducing imports should be the first step. Foreign producers continue to aggressively target the U.S. market, especially now as they find themselves displaced by Chinese exports.

US steel industry applauds ITC final determination in coated trade case
Domestic mills praised the US International Trade Commission’s (ITC's) final determination that imports of corrosion-resistant (CORE) steel from 10 countries pose a threat to them.

ITC’s final ruling: Dumped, subsidized CORE imports are harming domestic market
The US International Trade Commission (ITC) finds that corrosion resistant steel (CORE) imports from 10 countries have caused material damage to domestic product producers, according to the ITC’s statement.