CIT Upholds Drop of PMS Adjustment in South Korean AD Review Case
The Court of International Trade in an Aug. 24 opinion sustained the Commerce Department's fourth remand results in a case on the 2015-16 administrative review of the antidumping duty order on circular welded non-alloy steel pipe from South Korea. In…
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the remand results, Commerce dropped its finding that a particular market situation distorted the price of a key input of the steel pipe. Previously in the case, the agency dropped the PMS adjustment to one of the AD review respondents but not the other. The elimination of the adjustment for the other in the fourth remand results resulted in a decrease in non-selected respondent SeAH Steel Corp.'s dumping rate from 19.28% to 9.77%.