Trade Cases
Duties adjusted on coated imports from South Korea, Taiwan
Written by Laura Miller
December 13, 2023
The US Department of Commerce’s International Trade Administration (ITA) has updated the antidumping duties on coated sheet imports from South Korea and Taiwan.
The periods of review in these cases were July 1, 2021, through June 30, 2022.
South Korea
For corrosion-resistant sheet products imported from South Korea, the ITA set final weighted-average dumping margins of 0% for Hyundai Steel and 0.53% for seven specific companies: Dongkuk Coated Metal, KG Dongbu Steel, Posco, Posco International, Posco Steeleon, SeAH Coated Metal, and SeAH Steel.
The rates differ slightly from the 0% margins set in the preliminary results of the review.
For the prior one-year period, Hyundai’s dumping margin was 0%, while certain other companies had margins of 1.79%.
Taiwan
For corrosion-resistant sheet imports from Taiwan, the ITA set final weighted-average dumping margins of 0.71% for several specific companies: Prosperity Tieh Enterprise, China Steel Corp., Chung Hung Steel, Great Fortune Steel, Great Grandeul Steel, and Sheng Yu Steel.
The margins are higher than the ones the ITA found in its preliminary findings.
The new 0.71% rate is lower than the rates set by the ITA for the prior one-year period. They were 3.74% for Prosperity Tieh, 4.14% for Sheng Yu, and 4.89% for Yieh Phui Enterprise.
Laura Miller
Read more from Laura MillerLatest in Trade Cases
China challenges Canada’s tariffs on steel, aluminum, EVs
China is challenging Canada’s decision to put tariffs on imports of Chinese steel, aluminum, and electric vehicles.
Leibowitz: Harris, Trump don’t talk much about steel and trade – because they (mostly) agree
By most accounts, the issues that are most important for voters in this election are the economy, immigration, and abortion. International trade policy plays a key role in at least two of those three (the economy and immigration). Both presidential candidates recognize that trade and tariffs are an important focus. And “America first” is a rallying point for both candidates.
Commerce launches investigation into imports of coated flat-rolled steel
On Thursday, the Department of Commerce announced it would initiate investigations into coated steel imports from ten countries.
Op-Ed: Despite misclassification games, import data supports surge of Mexican conduit
Barry Zekelman, chairman and CEO of Zekelman Industries, says the import data unquestionably supports the fact that imports of Mexican conduit have been surging into the US market.
Leibowitz: The Mexican steel import “surge”—and what to do about it
US presidential campaigns frequently sport an “air of unreality.” No more so than the 2024 campaign, where superlatives fly around like mosquitos. Steel trade has been a feature of political discourse for at least half a century now. Just last week, it proceeded to a new level of “unreality.” Four senators - Bob Casey (D-Pa.), Sherrod Brown (D-Ohio), Marco Rubio (R-Fla.), and Mike Braun (R-Ind.) - wrote a “bipartisan” letter attacking Mexican exports of steel to the United States. They framed it as a “surge” in US steel imports from Mexico. To address this “surge,” the Senators urge the imposition of 25% tariffs on all steel imports from Mexico.