Commerce adjusts CVDs on corrosion-resistant steel from Korea

The Department of Commerce has adjusted the countervailing duty (CVD) rates on imports of corrosion-resistant (galvanized/Galvalume) steel from South Korea after an administrative review.

In the final results of an administrative review of the 2021 calendar year, Commerce assigned the following subsidy rates: 6.48% for KG Dongbu Steel, 0.82% for Hyundai Steel, and 1.60% for Posco, Posco Coated and Color Steel Co., and SeAH Coated Metal.

The rates are slightly different than those determined in Commerce’s preliminary findings and the previous year’s review.

These cash deposit rates will remain in effect until Commerce updates them in future administrative reviews.

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.