Search Results for keywords:"Hyundai Steel Company"

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Search Results: keywords:"Hyundai Steel Company"

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  • 2024-29675 — Certain Corrosion-Resistant Steel Products From the Republic of Korea: Final Results of Antidumping Duty Administrative Review; 2022-2023
    Type:Notice
    Citation:89 FR 102109
    Reading Time:about 10 minutes

    The U.S. Department of Commerce has completed its review of antidumping duties for certain corrosion-resistant steel products from South Korea, covering sales from July 1, 2022, to June 30, 2023. They found that Dongkuk Coated Metal Co., Ltd. sold these products in the U.S. at prices lower than normal value, leading to antidumping duties being assessed on these sales. In contrast, Hyundai Steel Company did not sell the products below their normal value during the same period. The Commerce Department will instruct U.S. Customs and Border Protection on how to apply these findings to import duties.

    Simple Explanation

    The U.S. Department of Commerce checked if certain companies from South Korea sold special steel in the U.S. for less than they were supposed to and found that one company did, while another did not. This means the one company might have to pay extra fees to make up for it.

  • 2021-03264 — Certain Hot-Rolled Steel Flat Products From the Republic of Korea: Preliminary Results of Antidumping Duty Administrative Review; 2018-2019
    Type:Notice
    Citation:86 FR 10040
    Reading Time:about 8 minutes

    The Department of Commerce has conducted a review and states that the sole producer/exporter of hot-rolled steel products from Korea, Hyundai Steel Company, did not sell their products below the normal value from October 2018 through September 2019. They are inviting comments from interested parties on these preliminary findings. The final results, along with the assessment of duties, will be published later, and new cash deposit requirements for hot-rolled steel from Korea will be established. The preliminary findings and methodologies are available for public access online.

    Simple Explanation

    Imagine a game where a country sells some special metal to another country. The people who check if the metal costs the right amount did their job and found out that one company from Korea played fair and didn’t charge too little for the metal they sold. Now, they want to hear what everyone thinks about this before making new rules for the game.

  • 2025-02166 — Circular Welded Non-Alloy Steel Pipe From the Republic of Korea: Notice of Court Decision Not in Harmony With the Results of Antidumping Administrative Review; Notice of Amended Final Results
    Type:Notice
    Citation:90 FR 8924
    Reading Time:about 6 minutes

    The U.S. Court of International Trade (CIT) ruled on January 15, 2025, that Commerce's previous findings regarding antidumping duties on circular welded non-alloy steel pipe from Korea were incorrect. Following this, the Department of Commerce amended its results, affecting companies like Husteel and Hyundai, as well as others not individually examined. These adjustments, however, will not alter existing cash deposit rates due to subsequent reviews already being completed. The liquidation of entries remains suspended until any ongoing or future appeals are resolved.

    Simple Explanation

    The court decided that a mistake was made earlier about how much extra tax companies from Korea should pay for selling steel pipes in the U.S., so now they are fixing it for some of those companies.

  • 2021-01496 — Certain Cold-Rolled Steel Flat Products From the Republic of Korea: Preliminary Results of Antidumping Duty Administrative Review; 2018-2019
    Type:Notice
    Citation:86 FR 6871
    Reading Time:about 14 minutes

    The Department of Commerce has announced preliminary results regarding the sale of cold-rolled steel flat products from South Korea. They found that Hyundai Steel Company and POSCO/POSCO International Corporation did not sell these products at unfairly low prices in the U.S. between September 2018 and August 2019. The review still involves Hyundai, POSCO/PIC, and KG Dongbu Steel, and the Commerce Department is inviting comments on these preliminary findings. The decisions and comments will later influence the final assessments of duties and responsibilities for companies involved in this trade.

    Simple Explanation

    The U.S. government checked if two Korean companies sold steel at very low prices in America to be unfair. They found that these companies didn't do that, and now people can share what they think about these findings.