Korean Hot-Rolled Steel Review Drops 46 Companies from Probe
Published Date: 1/8/2026
Notice
Summary
The U.S. found that some hot-rolled steel from Korea was sold here cheaper than normal between October 2023 and September 2024. They’re stopping the review for 46 companies that didn’t sell any steel during that time. This could affect import duties and money flows starting January 8, 2026, so companies should pay attention and get ready.
Analyzed Economic Effects
5 provisions identified: 0 benefits, 5 costs, 0 mixed.
Importer Reimbursement Certificate Requirement
Importers must file a certificate regarding the reimbursement of antidumping and/or countervailing duties prior to liquidation of relevant entries, under 19 CFR 351.402(f)(2). If an importer fails to comply, Commerce may presume reimbursement occurred and could assess double antidumping duties and/or increase antidumping duties by the amount of countervailing duties.
How Assessment Rates Will Be Calculated
If a respondent's weighted-average dumping margin is not zero or de minimis (i.e., not less than 0.50%) in the final results, Commerce intends to calculate an importer-specific assessment rate based on the ratio of the dumping amount to the entered value of examined sales, and U.S. Customs and Border Protection will assess duties based on that rate. If a respondent's margin or importer-specific assessment rate is zero or de minimis, Commerce intends to instruct CBP to liquidate the appropriate entries without regard to antidumping duties.
Cash Deposit Rates After Final Results
Upon publication of the final results, cash deposit requirements for entries on or after that publication date will be set: for individually examined respondents equal to the weighted-average dumping margins established in the final results (unless less than 0.50% then zero); for exporters not covered in this review the company-specific rate from the most recent completed segment will apply; if the exporter is not covered but the producer is, the producer's most recently established rate will apply; and for all other producers or exporters the all-others rate will remain 6.05%. These cash deposit requirements will remain in effect until further notice.
Preliminary Dumping Margins Announced
Commerce preliminarily found that hot-rolled steel from Korea was sold below normal value for the period October 1, 2023 through September 30, 2024. The preliminary estimated weighted-average dumping margins are 1.49% for Hyundai Steel Company and 1.22% for POSCO (with POSCO International).
Review Rescinded for 46 Companies
Commerce is rescinding the administrative review for 46 named companies that had no entries of subject merchandise during October 1, 2023 through September 30, 2024; those companies are listed in Appendix II. For these 46 companies, Commerce will instruct U.S. Customs and Border Protection to assess antidumping duties on appropriate entries at the cash deposit rate required at the time of entry, and Commerce intends to issue assessment instructions no earlier than 35 days after publication.
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