What led to the termination of duties on South Korean and Vietnamese steel?

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Duties on South Korean and Vietnamese Steel Terminated Following Negative Determination

The government has made a negative final determination to terminate the imposition of anti-dumping duties and ongoing investigations concerning cold rolled coils (CRC) of iron or non-alloy steel, specifically those exceeding 1,300mm in width, originating from or exported by South Korea and Vietnam. This termination is set to take effect from June 23, 2025, marking the conclusion of measures previously considered.
Negative Final Determination Announced

Following an administrative review, often referred to as a sunset review, the government concluded with a negative final determination regarding the steel products from South Korea and Vietnam. This determination signifies that the criteria for continuing the anti-dumping duties were not met.
Investigations Cease for South Korean and Vietnamese Imports

The decision to terminate means that the investigations into the imports of these specific cold rolled coils from South Korea and Vietnam will cease. Consequently, the existing anti-dumping duties, if any were in place prior to this final determination, will be discontinued.
Effective Date of Termination

The cessation of these duties and investigations is scheduled to be effective from June 23, 2025. This provides a defined end date for the trade measures concerning these particular steel imports.
Access to Review Findings

Interested parties, including local producers, importers, foreign producers, exporters, and relevant associations, can request access to the non-confidential version of the final determination report. Such requests must be submitted in writing to the director of the trade practices section at the Ministry of Investment, Trade and Industry (MITI).

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What led to the termination of duties on South Korean and Vietnamese steel?

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