USDOC announces final ruling on anti-dumping review for South Korean steel

In a recent announcement, the US Department of Commerce (USDOC) has issued its final ruling following a changed circumstances review pertaining to the anti-dumping (AD) duty order on specific corrosion-resistant steel imported from South Korea. The review has determined that Dongkuk Coated Metal Co., Ltd. is now recognized as the successor-in-interest to the formerly organized Dongkuk Steel Mill Co., Ltd., a transformation that took place in June 2023.

As a consequence of this ruling, Dongkuk Coated Metal is deemed eligible for the AD cash deposit rate applicable to the specified products, a rate that was initially assigned in July 2016. This decision marks a significant development in the ongoing trade dynamics between the United States and South Korea in the realm of steel imports.