US Slaps Extra Fees on Korean Hot-Rolled Steel
Published Date: 8/14/2025
Notice
Summary
The U.S. checked if Hyundai Steel and POSCO from Korea got unfair help (subsidies) while selling hot-rolled steel in 2022. They found that both companies did receive these benefits, which means extra duties (taxes) will apply to their steel imports. This decision affects importers and buyers, who should expect changes in costs starting now.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Hyundai Steel and POSCO found subsidized
The Department of Commerce found that Hyundai Steel Company and POSCO received countervailable subsidies during the period of review January 1, 2022, through December 31, 2022. Because of that finding, extra countervailing duties will apply to their hot-rolled steel imports.
Importers and buyers should expect higher costs
Importers and buyers of hot-rolled steel from Korea should expect changes in costs starting now because countervailing duties will apply to shipments from Hyundai Steel and POSCO for the January 1, 2022 through December 31, 2022 review period. Buyers may see higher prices passed on from importers.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-06449 — Certain Corrosion-Resistant Steel Products from the Republic of Korea: Initiation of Circumvention Inquiry on the Antidumping and Countervailing Duty Orders
The U.S. Department of Commerce is checking if certain corrosion-resistant steel products made in Korea but finished in Thailand are sneaking around existing trade rules. This affects steel companies like Nucor and Steel Dynamics, who want these products to face the same duties as Korean steel. The inquiry started April 2, 2026, and could lead to new duties that impact prices and imports.
2026-06448 — 1,1,1,2-Tetrafluoroethane (R-134a) From the People's Republic of China: Final Results of Antidumping Duty Administrative Review; 2023-2024
The U.S. Department of Commerce found that China sold 1,1,1,2-Tetrafluoroethane (R-134a) in the U.S. for less than fair value from April 2023 to March 2024. This means importers might face new antidumping duties starting April 2, 2026, to keep things fair for American businesses. Deadlines were pushed back due to government shutdowns, but now the final results are in and ready to roll!
2026-06447 — Granular Polytetrafluoroethylene Resin From India: Amended Final Results of Antidumping Duty Administrative Review; 2023-2024
The U.S. Department of Commerce fixed some math mistakes in the review of Granular PTFE resin imports from India for March 2023 to February 2024. This change mainly affects Gujarat Fluorochemicals Limited and could adjust the duties they owe. The updated results took effect on April 2, 2026, making sure the trade rules are fair and accurate.
2026-06418 — Antidumping or Countervailing Duty Order, Finding, or Suspended Investigation; Opportunity To Request Administrative Review and Join Annual Inquiry Service List
If you’re involved in importing goods that might be subject to special U.S. taxes called antidumping or countervailing duties, now’s your chance to ask for a review or join the annual update list. The Department of Commerce is setting deadlines and rules for who gets reviewed, using import data to pick companies. Act fast—missing deadlines could mean missing out on important changes that might affect your costs or business.
2026-06450 — Oleoresin Paprika From India: Preliminary Affirmative Determination of Sales at Less Than Fair Value, Preliminary Negative Determination of Critical Circumstances, Postponement of Final Determination, and Extension of Provisional Measures
The U.S. Department of Commerce says Indian oleoresin paprika is being sold in the U.S. for less than it should be, which could mean extra duties soon. They’re still checking the details and have pushed back the final decision, so importers and sellers should stay tuned. This could affect prices and trade rules starting from April 2026.
2026-06420 — Fresh Tomatoes From Mexico: Extension of Deadline To Certify
If you import fresh tomatoes from Mexico for processing between February 18 and April 15, 2026, you now have extra time to submit the required certification forms. The U.S. Department of Commerce extended the deadline to help importers meet these new rules without rushing. This means no penalties if you file your paperwork by the new deadline, keeping your tomato business running smoothly!
Previous / Next Documents
Previous: 2025-15471 — Proposed Information Collection Activity; Caseload Reduction Documentation Process
The Administration for Children and Families wants to keep using the Caseload Reduction Report form for three more years but with some important updates to the form and instructions. This affects agencies that track how they reduce their caseloads, helping them stay on top of their work. The updated form will be used through October 2026, making sure everyone reports clearly and on time.
Next: 2025-15474 — Proposed Information Collection Activity; Trafficking Victim Assistance Program Data
The Office on Trafficking in Persons wants to keep collecting important data about helping trafficking victims, with some updates to improve the process. This affects organizations that support victims and helps make sure they get the right aid. The data collection approval is up for renewal before February 28, 2026, with no extra costs expected.
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in