CIT upholds ruling vs. Korean corrosion-resistant steel

Aug 06, 2013 | 04:16 PM | Catherine Ngai

Tags  U.S. Steel, Hyundai Hysco, U.S. Court of International Trade, Commerce Department, South Korea steel, corrosion-resistant steel, Export-Import Bank of Korea, CIT Catherine Ngai

NEW YORK — The U.S. Court of International Trade (CIT) has sided with an earlier Commerce Department decision over interest rates used in a 2009 countervailing duty administrative review of imports of corrosion-resistant steel products from South Korea.

The issue dates to 2011, when Pittsburgh-based U.S. Steel Corp. challenged the final results in Commerce’s review of the subject imports. Commerce had issued Hyundai Hysco Ltd. a rate of 0.46 percent ad valorem, which is de minimis (, March 2, 2012). ....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results