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    Analysis

    Commerce modifies duties on Korean CR, galvanized sheet

    Written by Laura Miller


    The US Department of Commerce is adjusting the import duties on Korean cold-rolled and galvanized steel after two administrative reviews, according to announcements in the Federal Register.

    Cold rolled

    In the Korean cold rolled anti-dumping duty (AD) review, Commerce looked at the year ended Aug. 31, 2024.

    The agency set final weighted-average dumping margins of 0% for Hyundai and Posco, which were unchanged from the previous review. It additionally assigned a 2.28% AD margin for KG Dongbu, Ameri-Source Korea, and Hanawell Co. KG Dongbu’s rate is up from 0% previously.

    Korea exported 88,667 short tons (st) of CR steel to the US in 2023 and 99,422 st in 2024.

    Coated

    In its review of the countervailing duty (CVD) order on corrosion-resistant (CORE) steel products, Commerce considered the 2023 calendar year.

    The department set final subsidy rates of 1.28% for Hyundai (down from 2.27% in the previous review), 5.34% for KG Dongbu Steel (up from 4.02%), and 2.88% for the Posco and SeAH Steel companies (down from 2.97%).

    In 2023, Korea sent 154,471 st of hot-dipped galvanized sheet and 206,669 st of other metallic coated sheet (mostly Galvalume) to the US.

    Separately, Commerce is currently investigating the illegal evasion of the AD/CVD orders on CORE from Korea. It is alleged that imports of CORE from Thailand were made using Korean components, effectively circumventing the duties on Korean CORE.

    Laura Miller

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