South Korea Steel Sheet and Strip in Coils: Prelim Results of AD Admin Review
The Commerce Department has released the preliminary results of its antidumping duty administrative review on stainless steel sheet and strip in coils from South Korea (A-580-834). The agency preliminarily set a 58.79% AD rate for the one company remaining in the review, Korinox Co., Ltd. Any changes to the cash deposit rate would take effect on the publication date of the final results of this review. Rates calculated in this review will be used to set assessment rates for importers of subject merchandise from Korinox that was entered July 1, 2022, through June 30, 2023.
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Commerce said it is rescinding the review for nine companies that had no reviewable entries during the period of review: DK Corporation; Dongbu Steel Co., Ltd.; Dongkuk Steel Mill Co., Ltd.; Hyundai Steel Company; KG Dongbusteel Co., Ltd.; Pohang Iron & Steel Co., Ltd. (POSCO); POSCO International Corp.; Taihan Electric Wire Co., Ltd.; and Topco Global Ltd.
Commerce has ordered liquidation as entered, at the cash deposit rate in effect at time of entry, for entries during the period of review from all exporters not under review (i.e., all except Korinox) (ADCVDWeb Message # 3290409).
(The period of review is 07/01/22 - 06/30/23. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)