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    Tag: Trade Cases

    US adjusts duties on Korean CR

    The US Department of Commerce has adjusted the countervailing duties on cold-rolled steel products from Korea. In the final results of an administrative review of the 2023 calendar year, Commerce assigned subsidy rates of 1.28% for Hyundai Steel and 3.64% for Posco. These differ slightly from the previous rates of 2.21% for Hyundai and 1.47% for Posco. Last year, South Korea sent 87,928 metric tons of cold-rolled sheet to the US, according to US import data. Year-to-date shipments through July are 56,331 mt.

    Mexico targets Japanese plate in new dumping case

    Mexico has formally opened an anti-dumping investigation into imports of cut-to-length steel plate from Japan. Mexico’s Ministry of Economy launched the trade case after a complaint by Grupo Acerero (GASA). GASA, a San Luis Potosi-based steel producer, alleges price discrimination and injury to the Mexican industry, according to the announcement in Mexico’s Official Gazette of the Federation. The case targets hot-rolled, uncoated, non-coil carbon steel plate in sheet form, at least 4.75 mm thick and 600 mm wide.