US Steel Fails To Nix Korean-Steel Dumping Margin

Law360, New York (April 8, 2010, 3:39 PM EDT) -- The U.S. Court of International Trade has upheld the Department of Commerce's methodology for calculating a 0.35 percent dumping margin on steel products from Korea, denying a challenge from U.S. Steel Corp. calling for a broader analysis that would have yielded a higher margin.

The so-called payroll methodology used by Commerce in deducting indirect sales expenses incurred by Korean steel exporter Pohang Iron & Steel Co. Ltd., or Posco, and its affiliates proved more comprehensive than other methods and should be upheld, according to an opinion...
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