News Room - Trade Measure

Posted on 03 Mar 2022

US makes preliminary AD ruling on CTL plates from South Korea

According to the preliminary results of anti-dumping (AD) duty administrative review, the US Department of Commerce (USDOC) found that South Korea’s producers/exporters of cut-to-length carbon-quality steel plate products (CTL plate) subject to this administrative review sold their products into the US market at prices lower than the normal value during the period of review from February 1, 2020 to January 31, 2021.

The weighted-average dumping margin for Hyundai Steel, the mandatory respondent, was set at 6.09%. BDP International, Dongkuk Steel, and Sung Jin Steel were also assigned the same margin. The cash deposit rate for all other producers or exporters continued to be 0.98%.

The USDOC intended to issue the final results of this review not later than 120 days after the date of this publication.

The products involved are under HS codes 7208.40.30.30, 7208.40.30.60, 7208.51.00.30, 7208.51.00.45, 7208.51.00.60, 7208.52.00.00, 7208.53.00.00, 7208.90.00.00, 7210.70.30.00, 7210.90.90.00, 7211.13.00.00, 7211.14.00.30, 7211.14.00.45, 7211.90.00.00, 7212.40.10.00, 7212.40.50.00, 7212.50.00.00, 7225.40.30.50, 7225.40.70.00, 7225.50.60.00, 7225.99.00.90, 7226.91.50.00, 7226.91.70.00, 7226.91.80.00, and 7226.99.00.00.     

Source:Yieh