South Korea Stainless Steel Sheet and Strip: Final Results of AD Admin Review
The Commerce Department has released the final results of the antidumping duty administrative review on stainless steel sheet and strip in coils from South Korea (A-580-834). Commerce calculated an AD rate of 58.79% for Korinox Co., Ltd., the only company under review, unchanged from the preliminary rate. Commerce will assess AD at importer-specific rates for subject merchandise from Korinox entered July 1, 2022, through June 30, 2023, it said. The new 58.79% AD cash deposit rate for Korinox takes effect Aug. 12, the date that these final results are scheduled for publication in the Federal Register.
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For exporters of subject merchandise that weren't under review (i.e., all except Korinox), 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 19.6% applies.
(The review period is 07/01/22 - 06/30/23. See the notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2404010049 for a summary of the preliminary results of this administrative review.)