CIT Orders 2nd Look At Zeroing On S. Korean Steel Duties

Law360, New York (April 26, 2012, 4:59 PM EDT) -- The U.S. Court of International Trade on Wednesday again asked the U.S. Department of Commerce to reconsider its use of the so-called zeroing method of finding dumping margins, after a challenge to the practice was lodged by a South Korean steel company.

CIT Judge Timothy C. Stanceu ordered Commerce to re-evaluate its use of zeroing in determining anti-dumping duties on corrosion-resistant carbon steel flat, or CORE, products imported by South Korea's Union Steel.

The remand follows a similar order handed down by the CIT in August,...
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