Korean Steel Plates Dodge Extra Duties in Latest Review
Published Date: 2/21/2025
Notice
Summary
The U.S. checked if POSCO, a Korean steel exporter, sold certain steel plates at unfairly low prices from May 2022 to April 2023. Good news: POSCO didn’t dump their prices, so no extra duties will be charged. This means importers and buyers can expect steady costs and no surprise fees for now.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
POSCO Found Not Dumping
The Department of Commerce determined that POSCO did not sell certain carbon and alloy steel cut-to-length plate from the Republic of Korea at unfairly low prices during May 1, 2022 through April 30, 2023. Because of this finding, importers of POSCO's CTL plate will not face antidumping duties for that period.
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