ITA Says Korean Cos. Dumped Steel Plates In US

Law360, New York (September 24, 2009, 3:52 PM EDT) -- The International Trade Administration has made a preliminary determination that three Korean manufacturers of cut-to-length carbon-quality steel plate sold their products for less than normal value in the U.S. in 2008.

The agency recommended imposing a 32.7 percent dumping margin on Hyosung Corp., Hyundai Mipo Dockyard Co. Ltd. and JeongWoo Industrial Machine Co. Ltd. for products delivered between Feb. 1, 2008, and Jan. 1, according to a noticed published in the Federal Register on Thursday.

The ITA, which is part of the U.S. Department of Commerce,...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.