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US Revises Korea Cold-Rolled Steel CVD Review Results

The U.S. Department of Commerce issued a correction to its preliminary results for the 2023 countervailing duty administrative review of cold-rolled steel flat products from South Korea. The revision updated company naming in the notice originally published March 5, 2026, and clarified which firms' reviews were rescinded. This is part of ongoing Commerce antidumping and countervailing duty enforcement on Korean steel imports.

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Correction to Korea Cold-Rolled Steel CVD Review

The U.S. Department of Commerce issued a correction notice on April 24, 2026, to its preliminary results announcement from March 5, 2026, regarding the 2023 administrative review of the countervailing duty (CVD) order on certain cold-rolled steel flat products from the Republic of Korea.

"The U.S. Department of Commerce (Commerce) published notice in the Federal Register of March 5, 2026, in which Commerce announced the preliminary results of the 2023 administrative review of the countervailing duty (CVD) order on certain cold-rolled steel flat products (CRS) from the Republic of Korea (Korea). This notice corrects the name of one of the companies for which this review was rescinded."

Who's Affected

This correction impacts South Korean cold-rolled steel flat products exporters and U.S. importers sourcing these materials. Cold-rolled steel flat products fall under HS Chapter 72 (iron and steel). The CVD order subject to this review covers merchandise subject to U.S. countervailing duty investigations and prior enforcement actions.

The administrative review covers the 2023 review period and involves rescission determinations for at least one company whose name required correction in the Federal Register notice. While the source does not specify individual company identities or revised duty rates, administrative reviews of CVD orders typically result in revised company-specific subsidy rates that take effect prospectively on imports.

Administrative Review Process

This is part of the routine five-year administrative review cycle under U.S. antidumping and countervailing duty law. Commerce conducts annual or biennial reviews of CVD and antidumping duty orders to determine whether subsidies or dumping margins have changed and whether the order should continue, be revoked, or modified. A rescission determination indicates that Commerce found either no basis for continued enforcement against that respondent or that the respondent was no longer part of the review population.

The correction issued April 24, 2026, addresses a clerical or administrative error in company naming rather than a substantive change to the preliminary duty calculations or legal conclusions announced on March 5, 2026.

What this means for shippers

Importers of cold-rolled steel flat products from South Korea should monitor final results announcements to confirm any revised company-specific CVD rates that will apply to their suppliers. Rescission of a company's review may lower landed costs if that company is no longer subject to the order; conversely, new or increased CVD rates will raise duties on affected shipments. Review our guide to landed cost calculation to model how CVD changes affect your import expenses.

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