No Extra Tariffs on Korean Rust-Proof Steel: Trade Drama Ends Quietly
Published Date: 5/14/2026
Notice
Summary
The U.S. Department of Commerce found that corrosion-resistant steel from South Korea wasn’t sold at unfairly low prices between July 2023 and June 2024. This means no extra duties will be charged on these steel products during this time. Importers and Korean exporters can breathe easy starting May 14, 2026, as the review confirms fair trade practices and keeps costs steady.
Analyzed Economic Effects
6 provisions identified: 2 benefits, 3 costs, 1 mixed.
Importer Certificate Requirement Reminder
Importers must file a certificate regarding reimbursement of antidumping and/or countervailing duties prior to liquidation of the relevant entries during the July 1, 2023–June 30, 2024 period. If importers fail to comply, Commerce may presume reimbursement occurred and assess double antidumping duties and/or increase the antidumping duty amount by countervailing duties.
No Antidumping Duties for POR
The Department of Commerce found that corrosion-resistant steel from Korea was not sold at less than normal value for the period July 1, 2023 through June 30, 2024. For the companies listed, Commerce assigned a weighted-average dumping margin of 0.00 percent, and entries for those companies will be liquidated without regard to antidumping duties effective May 14, 2026.
Zero Rate for Non-Examined Companies
Commerce assigned a dumping margin of 0.00 percent to companies not individually examined in this administrative review and will instruct Customs to liquidate those suspended entries without regard to antidumping duties for the July 1, 2023–June 30, 2024 period. This assignment follows because the individually examined mandatory respondents had zero margins.
8.31% Liquidation Rule for Certain Unreviewed Entries
For entries during the July 1, 2023–June 30, 2024 period that were produced by Dongkuk or Hyundai but for which the producer did not know the merchandise was destined for the United States, Commerce will instruct Customs to liquidate unreviewed entries at the all-others LTFV investigation rate of 8.31 percent if there is no rate for the intermediate company involved.
Cash Deposit Rules and Thresholds for New Shipments
For shipments entered or withdrawn for consumption on or after the publication date (May 14, 2026), cash deposit rates will be: the company-specific rate from these final results except that rates less than 0.50 percent are treated as zero; previously investigated non-participating companies keep their last company-specific rate; if the exporter is not covered but the producer is, the producer's rate applies; and all other producers/exporters remain at the 8.31 percent all-others rate.
BlueScope Review Rescinded — Cash Deposit Rates Apply
Commerce rescinded the administrative review with respect to BlueScope (BlueScope withdrew its review request on October 4, 2024). For BlueScope shipments, antidumping duties will be assessed at the cash deposit rates required at the time of entry or withdrawal from warehouse for consumption in the United States.
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