The U.S. Department of Commerce announced that POSCO, the only exporter evaluated in this review, did not sell certain carbon and alloy steel cut-to-length plates from South Korea below their normal value from May 1, 2022, to April 30, 2023. This means POSCO was not found to be dumping these products in the U.S. market, leading to no additional duties imposed on their entries during this period. There were no comments from other parties on the preliminary results, and the details for assessing duties or refunds based on these findings will follow these final results. This decision and related instructions will apply to relevant products starting from the publication date of this notice.
Simple Explanation
The U.S. Department of Commerce checked if a company from South Korea, called POSCO, was selling steel plates in the U.S. for very low prices unfairly, and found that they weren't. So, POSCO won't have to pay extra money for their sales during that time.