Korean Steel Duties Stay Unchanged After Review
Published Date: 7/13/2026
Notice
Summary
The U.S. Department of Commerce reviewed certain cold-rolled steel from Korea sold between September 2023 and August 2024 and found no unfair pricing. This means no extra duties will be charged on these steel products for now. The decision is official as of July 13, 2026, keeping things steady for Korean steel exporters and U.S. buyers.
Analyzed Economic Effects
5 provisions identified: 1 benefits, 4 costs, 0 mixed.
All‑Others Rate Remains 20.33%
For exporters or producers not specifically listed, the 'all‑others' antidumping rate remains 20.33 percent. If no company-specific rate applies for an intermediary in a transaction, Commerce will instruct Customs to liquidate unreviewed entries at the 20.33 percent rate.
Cash Deposit Rules for New Shipments
Effective for shipments entered or withdrawn for consumption on or after July 13, 2026, cash deposit rates will equal the weighted‑average dumping margins established in this review (unless a rate is de minimis under 0.50 percent, in which case the deposit rate is zero). Previously reviewed firms keep their prior company-specific rates, and the all‑others rate stays 20.33 percent.
No Dumping Duties for Hyundai and POSCO
Commerce found that Hyundai Steel Company and POSCO (including POSCO International Corporation) had a 0.00 percent dumping margin for shipments during September 1, 2023 through August 31, 2024. You (importers or buyers of Korean cold-rolled steel from these firms) will have entries liquidated without regard to antidumping duties as of July 13, 2026.
2.28% Duty for Three Non‑Examined Firms
Commerce assigned a 2.28 percent dumping margin to Ameri-Source Korea, Hanawell Co. Ltd., and KG Dongbu Steel Co., Ltd. for shipments during September 1, 2023 through August 31, 2024. Importers of cold-rolled steel from those specific companies will face antidumping assessments and cash deposit rates based on 2.28 percent.
Importer Certificate Requirement; Double‑Duty Risk
Importers must file a certificate regarding reimbursement of antidumping or countervailing duties prior to liquidation of relevant entries. If an importer fails to file this certificate, Commerce may presume reimbursement occurred and assess double antidumping duties.
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The U.S. Department of Commerce found that some Indian companies making steel threaded rods got unfair government help during 2024. They’re stopping the review for five companies who asked out, but will keep checking others like Nishant Steel and Kanika Fasteners. This could affect import duties and trade fairness starting July 13, 2026.
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The U.S. Department of Commerce found that some Korean steel makers got unfair government help in 2023, so they’re keeping extra taxes (countervailing duties) on those steel products. This affects Korean exporters and U.S. buyers, with the new rules starting July 13, 2026. These duties help keep the playing field fair and protect American businesses from cheap imports backed by subsidies.