Commerce Department Releases Preliminary Review on Steel Wire Rod from Korea
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The U.S. Department of Commerce has announced the preliminary results of its antidumping duty review on carbon and alloy steel wire rod from Korea. This review is under the responsibility of the department’s Enforcement and Compliance section. The focus is on POSCO and POSCO International Corporation (PIC), key producers and exporters from Korea.
From May 1, 2024, to April 30, 2025, it was found that POSCO did not sell wire rod in the U.S. at prices below what is considered normal. This means, according to this preliminary review, there was no dumping. The department is inviting comments from interested parties on these findings.
The original antidumping duty order was published in 2018. In subsequent years, some parts of the order were revoked, specifically for wire rods used in tires and valve springs. This recent review began in 2025 to check the actions of POSCO.
During this process, the government faced some delays. There was a government shutdown, which led to deadlines being extended. More delays occurred because of backlog issues with electronically filed documents. This pushed preliminary results to be released on August 7, 2026.
The review included a close examination of pricing for the products, comparing export prices and standard normal values. POSCO used a constructed export price method to determine these figures.
Now, with preliminary results made public, Commerce must share their calculations with all parties involved. There will be a verification phase where the collected information is double-checked.
Interested parties have the opportunity to submit comments or briefs. These must be submitted after the verification report is issued. Rebuttal briefs will follow the initial comments. If any disagreements arise, a hearing can be requested.
The assessment of duties will occur after final results are published. Depending on these results, U.S. Customs and Border Protection will adjust duties on imports for the review period.
For entries made during this period, if POSCO was unaware that merchandise was destined for the U.S., these entries might be assessed based on all-others rates set during the investigation in 2018.
Deposit requirements for shipments will be updated after final results are published. The final results will dictate the cash deposit rate for POSCO. These guidance instructions will remain active until further notice.
This notice also reminds importers of their duty to file a certificate regarding duty reimbursements before liquidation of entries. Failure to do this could result in double duties.
The Department of Commerce is set to issue final results within 120 days, concluding this review process.
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