Steel News

We strive to let you one step ahead of the market.

US makes preliminary CVD ruling on corrosion-resistant steel imports from South Korea

11 Sep 2019 14:42 reported by Joy Liu

A A A
According to the preliminary ruling of countervailing duty (CVD) on corrosion-resistant steel imports made by the US Department of Commerce (USDOC), Dongbu Steel received a CVD rate at 7.17%, compared to the final subsidy rate 8.47% set in March this year. The subsidy rate for Hyundai Steel was set at negligible 0.44%, compared to the previous final rate 0.57%. All the other South Korean producers and exporters were was subject to 7.17%, up from the previous final one set at 3.34%. The period of this review covered whole 2017.

Separately, the USDOC didn’t find South Korean corrosion-resistant steels producers and exporters dumping their goods at prices lower than fair value in the US market during the period of review from July 1st, 2017 to June 30th, 2018.

Back to Steel News

Related News

EEC makes final AD ruling on seamless pipe imports from China

  • Government policies
  • 20 Sep 2019 13:13

Donald Trump: Strengthen sanctions against Iran

  • Government policies
  • 19 Sep 2019 15:14

Kingdom of Saudi Arabian authority advises to invest in steel industry

  • Government policies
  • 19 Sep 2019 13:37

South Korean decides to remove Japan from its trade white list

  • Government policies
  • 19 Sep 2019 11:28

Philippine announces to suspend four nickel mining area, hits nickel supply strongly

  • Government policies
  • 19 Sep 2019 08:53

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,298.00
  • 2,297.00
  • Aluminum
  • 1,762.00
  • 1,790.00
  • Copper
  • 5,758.00
  • 5,785.00
  • Nickel
  • 17,250.00
  • 17,110.00

Learn more

Coil Exchange Center

  • 2B Coil-Oct
  • 2,650
  • 2,510
  • NO1 Coil-Oct
  • 2,600
  • 2,460
  • 2B Coil-Oct
  • 2,650
  • 2,510
  • NO1 Coil-Oct
  • 2,600
  • 2,460

Learn more