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.