According to the final result of the anti-dumping (AD) duty administrative review, the US Department of Commerce (USDOC) determined that Dongkuk Coated Metal Co., Ltd. (Dongkuk) and certain companies not selected for individual examination sold their corrosion-resistant steel products to the US at prices lower than the fair value during the period of review from July 1, 2021 to June 30, 2022.

As a result, Dongkuk, KG Dongbu Steel, POSCO, POSCO International, POSCO STEELEON, SeAH Coated Metal, and SeAH Steel were assigned a weighted-average dumping margin of 0.53%.

Besides, the USDOC determined that Hyundai Steel Company (Hyundai) had no sales of subject products in the US at prices less than the normal value during the review period, so the company received a rate of zero.