Commerce Clears Korean Steel of Dumping Charges
Published Date: 3/6/2026
Notice
Summary
The U.S. Department of Commerce checked if certain cold-rolled steel from Korea was sold unfairly between September 2023 and August 2024 and found it wasn’t. They’re also stopping the review for 35 companies. This means no extra taxes for those steel imports right now, but folks can still share their thoughts before the final decision.
Analyzed Economic Effects
6 provisions identified: 1 benefits, 4 costs, 1 mixed.
Automatic Assessment Could Trigger All-Others Rate
Commerce states that for entries produced by Hyundai or POSCO where the reviewed company did not know the merchandise was destined for the United States, it will instruct CBP to liquidate unreviewed entries at the all-others rate if there is no rate for the intermediate company. The all-others rate in the original investigation is 20.33 percent.
Zero Antidumping Rate for Two Exporters
Commerce preliminarily found that Hyundai Steel Company and POSCO/POSCO International had a weighted-average dumping margin of 0.00 percent for shipments during September 1, 2023 through August 31, 2024. If this result holds in the final results, entries from those companies for that period will be liquidated without regard to antidumping duties.
2.28% Preliminary Rate for Three Firms
Commerce preliminarily assigned a weighted-average dumping margin of 2.28 percent for Ameri-Source Korea, Hanawell Co. Ltd., and KG Dongbu Steel Co., Ltd. for the period September 1, 2023 through August 31, 2024. Importers of these companies could face assessment at that rate if finalized.
Cash Deposit Rules After Final Results
Upon publication of the final results, cash deposit requirements will apply for shipments entered or withdrawn for consumption on or after that publication date. The cash deposit rate will equal the weighted-average dumping margin from the final results (or zero if the rate is less than 0.50 percent); the all-others rate remains 20.33 percent.
Importer Certificate Requirement and Double Duty Risk
Importers must file a certificate regarding reimbursement of antidumping or countervailing duties prior to liquidation of relevant entries during this review period. Failure to file may lead Commerce to presume reimbursement and to assess double antidumping duties.
Review Rescinded for 35 Korean Companies
Commerce is rescinding the administrative review with respect to 35 named companies (see Appendix II). For those companies, Commerce will instruct CBP to assess duties on appropriate entries at the cash deposit rate required at the time of entry or withdrawal for consumption.
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