Steel Wire Rod from Korea Gets a Pass on Dumping Duties Again
Published Date: 4/7/2026
Notice
Summary
The U.S. Department of Commerce reviewed steel wire rod sales from Korea by POSCO and found they didn’t sell at unfairly low prices during May 2023 to April 2024. This means no extra duties will be charged, keeping things steady for importers and buyers. The final decision took a bit longer due to government delays but is now official as of April 7, 2026.
Analyzed Economic Effects
4 provisions identified: 1 benefits, 2 costs, 1 mixed.
41.10% Rate May Apply When Destination Unknown
For POSCO-produced entries during the review period where POSCO did not know the merchandise was destined for the United States, Commerce will instruct Customs to liquidate those entries at the all-others rate of 41.10 percent if there is no rate for the intermediate company involved. This 41.10 percent rate comes from the original less-than-fair-value investigation.
Cash Deposit Rules Effective on Publication
Effective for shipments entered or withdrawn for consumption on or after the publication date of these final results (April 7, 2026), cash deposit requirements apply: POSCO’s cash deposit rate will be the rate established in these final results but if that rate is less than 0.50 percent it will be treated as zero; previously-investigated companies keep their last company-specific rate; exporters not covered get the producer's rate; all other producers remain at the all-other rate of 41.10 percent.
Importer Duty-Reimbursement Certificate Requirement
Importers must file a certificate regarding the reimbursement of antidumping duties prior to liquidation of the relevant entries for this review period under 19 CFR 351.402(f)(2). Failure to file may lead Commerce to presume reimbursement occurred and to assess doubled antidumping duties.
POSCO’s Dumping Margin Set to Zero
Commerce determined POSCO/POSCO International Corporation had a weighted-average dumping margin of 0.00 percent for May 1, 2023 through April 30, 2024. Because the margin is de minimis, Customs will be instructed to liquidate POSCO entries from that period without regard to antidumping duties.
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