Hyosung Can't Shake High Steel Dumping Duty Rate

Law360, New York (May 18, 2011, 9:52 PM EDT) -- In a decision made public Tuesday, a federal judge affirmed the U.S. Department of Commerce's decision to slap Hyosung Corp. with a steep 32.7 percent anti-dumping duty after the Korean steel exporter failed to respond to requests for information.

Judge Richard W. Goldberg of the U.S. Court of International Trade rejected Hyosung's challenge to the duty rate assigned to its cut-to-length carbon-quality steel plate exports, finding Commerce had appropriately assigned an adverse facts available rate to the company. The decision was handed down March 31 but...
To view the full article, register now.