The US Department of Commerce (USDOC) finally concluded that specific South Korean steel producers sold hot-rolled steel flat products (hot-rolled steel) below fair market value during the period of review from October 1, 2023, through September 30, 2024. The authority found that these exports entered the US at prices lower than their normal valuation.

According to the final results, Hyundai Steel Company receives a weighted-average dumping margin of 1.49%. POSCO and POSCO International Corporation got a margin of 1.22%.

The ruling confirms that these major exporters participated in dumping practices during the one-year period examined by federal authorities.