Iron and Steel

US to conduct initial determination of AD duties on steel plates from 3 Asian countries

US to conduct initial determination of AD duties on steel plates from 3 Asian countries
Mining News Agency -According to the report, the United States Department of Commerce (DOC) announced to execute the preliminary determination of the anti-dumping duty on the imports of steel plates from South Korea, India and Indonesia. It was a recent anti-dumping measure except the Section 232.
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Mining News -The initial result showed that Hyundai Steel Co., Ltd. and Dongkuk Steel Mill ao, Ltd. would be levied anti-dumping rate of 11.64% and 0.90%, respectively.

 The United States International Trade Commission (USITC) extended to impose the anti-dumping duty on the imports of steel plates from these countries last December in order to avoid the anti-dumping and countervailing occurring again.

 In the future, the USDOC was likely to impose the countervailing rate of 0.54% and 0.21% for Hyundai Steel Co., Ltd. and Dongkuk Steel Mill Co, Ltd. The result would be published within 120 days.


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