2025-09246NoticeWallet

Korean Steel Plate Review Finds No Dumping for Some Companies

Published Date: 5/22/2025

Notice

Summary

The U.S. checked if Korean steel companies sold certain steel plates too cheaply from Feb 2023 to Jan 2024 and found they didn’t. They’re stopping the review for four companies but continuing for others. This means no extra duties for now, and folks involved can share their thoughts before June 5, 2025.

Analyzed Economic Effects

4 provisions identified: 1 benefits, 3 costs, 0 mixed.

Two Korean Producers Found to Have 0.00% Margins

For the period February 1, 2023 through January 31, 2024, Commerce preliminarily determined that Dongkuk Steel Mill Co., Ltd. and Hyundai Steel Company have weighted-average dumping margins of 0.00 percent. If those margins remain zero or de minimis (i.e., less than 0.50 percent) in the final results, Commerce intends to instruct U.S. Customs and Border Protection (CBP) to liquidate the appropriate entries without regard to antidumping duties.

Review Rescinded for Four Korean Companies; Duties Assessed at Cash-Deposit Rates

Commerce is rescinding the administrative review for Ajin Industrial Co., Ltd., Daeik Eng Co., Ltd., Ohsung Co., Ltd., and Samjin Lnd Co., Ltd. For entries during the period February 1, 2023 through January 31, 2024 from these companies, Commerce will instruct CBP to assess antidumping duties at a rate equal to the cash deposit of antidumping duties that was required at the time of entry (or withdrawal from warehouse) during the period of review. The notice also states that the all-others rate established in the investigation is 0.98 percent.

Importer Reimbursement Certificate Requirement and Risk of Double Duties

Importers are reminded of their obligation to file a certificate regarding reimbursement of antidumping and/or countervailing duties prior to liquidation of entries during the period February 1, 2023 through January 31, 2024. Failure to file this certificate could lead Commerce to presume reimbursement occurred and result in assessment of double antidumping duties and/or an increase in antidumping duties by the amount of countervailing duties.

Cash Deposit Rules for Future Shipments After Final Results

Upon publication of the final results of this administrative review, Commerce will set cash deposit requirements effective for shipments entered or withdrawn from warehouse for consumption on or after that publication date. The cash deposit rate for individually examined respondents will be the rate from the final results (unless it is less than 0.50 percent, in which case the deposit rate will be zero). For exporters/producers not covered in the review, the deposit rates from the most recent completed segment will continue to apply; the all-others rate is 0.98 percent.

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Key Dates

Published Date
5/22/2025

Department and Agencies

Department
Independent Agency
Agency
Commerce Department
International Trade Administration
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