Commerce Cracks Down on Sneaky South Korean Steel Nails
Published Date: 1/2/2026
Notice
Summary
The U.S. Department of Commerce found that some steel nails from South Korea were sold for less than fair value between July 2023 and June 2024. They’re stopping the review for some companies that didn’t ship any nails during this time. This could affect import duties and money owed starting January 2, 2026, so companies should pay close attention and share their thoughts.
Analyzed Economic Effects
5 provisions identified: 0 benefits, 4 costs, 1 mixed.
Importer Certificate and Double-Duty Risk
Importers must file a certificate regarding reimbursement of antidumping duties prior to liquidation of relevant entries for this review period under 19 CFR 351.402(f). If an importer fails to file the certificate, Commerce may presume reimbursement occurred and assess doubled antidumping duties.
Cash Deposit Rules and Thresholds
Commerce will require cash deposits for shipments entered or withdrawn for consumption on or after the publication date of the final results; the cash deposit rate will equal the weighted-average dumping margin from the final results unless that rate is less than 0.50% (in which case the deposit rate will be zero). For producers or exporters not covered in this review, the all-others rate remains 11.80%.
Preliminary Dumping Margins Announced
Commerce preliminarily found that certain steel nails from South Korea were sold below normal value for July 1, 2023 through June 30, 2024 and calculated preliminary weighted-average dumping margins of 1.64% for Je-il Co., Ltd., 0.61% for Korea Wire Co., Ltd., and a review-specific rate of 1.08% for non-selected companies. These preliminary margins are the percentages Commerce will use in its calculations and may affect duties assessed if finalized.
Rescission for Companies with No Entries
Commerce is rescinding the review for the companies listed in Appendix III because they had no suspended entries of subject merchandise during July 1, 2023 through June 30, 2024. For those rescinded companies, CBP will assess duties at the cash deposit rate required at the time of entry or withdrawal from warehouse.
Automatic Assessment Rule for Unreviewed Entries
Commerce will apply its automatic-assessment practice for entries produced by Je-il or KOWIRE when those firms did not know the merchandise was destined for the United States; unreviewed entries may be liquidated at the all-others rate if no rate exists for intermediate companies. This affects how CBP will be instructed to liquidate certain unreviewed entries.
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