US DOC Fixes 0% AD Duty Margin on Wire Rods from POSCO

The US Department of Commerce determined that POSCO & POSCO International, a producer and exporter of carbon and alloy steel wire rod from Korea did not sell subject merchandise below normal value during the period of review of 1 May 2020 to 30 April 2021.In the Preliminary Results, US DOC found that POSCO & POSCO International are affiliated and should be treated as a single entity. No interested party commented on this preliminary finding. As the record contains no other information or evidence that calls into question preliminary finding, US DOC adopted the reasoning and findings of fact outlined in the Preliminary Results with respect to this issue. US DOC determined that 0% weighted-average dumping margin exists for POSCO & POSCO International The scope of the Order includes certain hot-rolled products of carbon steel and alloy steel, in coils, of approximately round cross section, less than 19.00 mm in actual solid cross-sectional diameter. On April 8, 2019, Commerce excluded from the scope of the Order grade 1078 and higher tire cord quality7 wire rod used in the production of tire cord wire. On 13 June 2019, Commerce excluded from the scope of the Order valve spring quality steel products defined as wire rod.

US DOC Fixes 0% AD Duty Margin on Wire Rods from POSCO

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