South Korea Steel Wire Rod: Prelim Results of AD Admin Review
The Commerce Department published the preliminary results of its antidumping duty administrative review on carbon and alloy steel wire rod from South Korea (A-580-891), calculating a zero percent AD rate for POSCO and its affiliated company POSCO International Corporation. If the agency's finding is continued in the final results, importers of subject merchandise from POSCO entered between May 1, 2021, and April 30, 2022, will not be assessed AD duties, and future entries from POSCO would not be subject to an AD cash deposit requirement until further notice.
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Commerce has already ordered liquidation as entered, at the cash deposit rate in effect at the time of entry, for entries during the period of review from all exporters not under review, in a message to CBP (ADCVDWeb Message # 2235415).
(The period of review is 05/01/21 - 04/30/22. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)