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CIT Again Sustains Commerce's Decision to Drop PMS Adjustment to Korean Steel AD Case

The Court of International Trade sustained the Commerce Department's remand results dropping a particular market situation adjustment to the cost of production for antidumping duties on South Korean heavy walled rectangular welded carbon steel pipes and tubes, in a June…

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24 decision. Mandatory respondent Dong-A Steel Co. is now set to see its dumping margin drop to 11%, and Kukje Steel Co. to 7.89%. Since HiSteel was not party to the litigation, it's "not entitled to revised rates calculated on remand," Katzmann said.