South Korea CTL Plate: Prelim Results of AD/CVD Admin Reviews
The Commerce Department has published the preliminary results of its antidumping and countervailing duty administrative reviews on certain cut-to-length plate (CTL plate) from South Korea (A-580-836/C-580-837). In the final results of this review, Commerce will set AD assessment rates for subject merchandise for the companies under review entered Feb. 1, 2022, through Jan. 31, 2023, and CVD assessment rates for entries Jan. 1, 2022, through Dec. 31, 2022.
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Only the exporters for which an administrative review was requested are covered by these reviews. Cash deposit rates for all other exporters will not change. Commerce has ordered liquidation “as entered” for entries during the period of review from all exporters for which a review was not requested (ADCVDWeb Messages # 3138407, 3137416).
Commerce is also ending its antidumping and countervailing duty reviews of two companies that had requests for their review withdrawn. Commerce will also liquidate entries from the two companies -- BDP International and Sung Jin Steel Co., Ltd. -- as entered.
AD Cash Deposit Requirements
New AD cash deposit requirements may take effect beginning on the date of publication of the AD final results in the Federal Register. Commerce preliminarily calculated the following AD cash deposit rates:
Producer/Exporter | AD Rate (Prelim) |
---|---|
Dongkuk Steel Mill Co., Ltd. | zero |
Hyundai Steel Company | zero |
CVD Cash Deposit Requirements
New CVD cash deposit requirements may take effect beginning on the date of publication of the CVD final results in the Federal Register. Commerce preliminarily calculated the following CVD cash deposit rates:
Producer/Exporter | CV Rate (Prelim) |
---|---|
Dongkuk Steel Mill Co., Ltd. | 1.93% |
Hyundai Steel Company / Hyundai Green Power | 2.21% |
Assessment Rates
If these preliminary results are confirmed in the final results, importers of subject merchandise exported by Hyundai Steel and Dongkuk Steel during the period Feb. 1, 2022, through Jan. 31, 2023, will be liquidated without regard to AD. In the final results, Commerce also will set CVD assessments for importers of subject merchandise entered in calendar year 2022.
(The AD period of review is 02/01/22 - 01/31/23, and the CVD period of review is 01/01/22 - 12/31/22. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)