South Korea Cold-Rolled Steel: Final Results of AD Admin Review
The Commerce Department released the final results of the antidumping duty administrative review on certain cold-rolled steel flat products from South Korea (A-580-881). These final results will be used to set final assessments of AD duties on importers for subject merchandise entered Sept. 1, 2021, through Aug. 31, 2022.
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For exporters of subject merchandise that were not under review (i.e., all except the companies listed in the table below), cash deposit rates remain at the level set in the most recent review of each respective company. If the exporter has never been assigned its own AD rate but the manufacturer has, the rate assigned to the manufacturer applies. For merchandise manufactured and exported by companies that have never been assigned a cash deposit rate by Commerce, the “all others” rate of 20.33% applies.
New Cash Deposit Rates Take Effect Feb. 23
For entries on or after Feb. 23, the date these final results are scheduled to be published in the Federal Register, Commerce is setting new AD duty cash deposit rates for the following companies:
| Producer/Exporter | AD Rate |
|---|---|
| Hyundai Steel Company | 0.88% |
| POSCO/POSCO International Corporation | 2.70% |
| KG Dongbu Steel Co., Ltd. | 2.13% |
Assessment Rates for Entries September 2021 - August 2022
Commerce is using the rates it calculated in these final results to calculate assessments of AD duties on importers of subject merchandise for entries Sept. 1, 2021, through Aug. 31, 2022. Entries of subject merchandise from Hyundai Steel Company and POSCO will be assessed AD at importer-specific rates. Importers from KG Dongbu Steel during that period will be assessed AD at the rate listed above.
(The review period is 09/01/21 - 08/31/22. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2310040041 for a summary of the preliminary results of this administrative review.)