CIT Grants Remand for Korea C-R Carbon Steel Flat Products AD Review
Domestic producers U.S. Steel Corporation and Nucor Corporation challenged the International Trade Administration’s methods in the final results of the August 2006 -- July 2007 antidumping duty administrative review of corrosion-resistant carbon steel flat products from Korea. The domestic producers…
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faulted the ITA for failing to adjust Union Steel Manufacturing Co., Ltd. of Korea’s costs to account for steel substrate purchases from affiliated suppliers, and for not collapsing or grouping Pohang Iron & Steel Co., Ltd. and Pohang Coated Steel Co., Ltd. (collectively, POSCO) together with Union as a single entity in the AD calculations. The CIT granted the ITA’s voluntary remand request to review its decision not to include an adjustment for the value of steel substrates supplied by affiliates, and ordered the agency to review its decision not to collapse Union and POSCO and treat them as a single entity. (Slip-Op. 11-19, dated 02/15/11)