U.S. Hits Korean Steelmakers with Anti-Dumping Duties

  • By Shin Eun-jin

    October 27, 2017 09:07

    The U.S. has imposed preliminary anti-dumping duties of 10.09 percent on carbon and alloy steel wire rods from Korea, the U.S. Department of Commerce said on Wednesday.

    The duties on POSCO and other companies are lower than the 33.96 to 43.25 percent that was requested by U.S. steelmakers. 

    The Commerce Department launched an anti-dumping probe into wire rod imports from 10 countries including Korea on April 18. It was the first anti-dumping investigation into imports from Korea since President Donald Trump took office.

    The department plans to announce its final findings in January. 

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