South Korea Steel Plate Products: Commerce Set to Recognize Name Change for Dongkuk Steel
The Commerce Department looks set to recognize the name change of a South Korean company for the purposes of antidumping duties on certain cut-to-length carbon-quality steel plate products (A-580-836) from South Korea. The agency preliminarily found that the post-corporate reorganization…
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Dongkuk Steel Mill Co., Ltd. (Dongkuk Steel) is the successor-in-interest to the pre-reorganization Dongkuk Steel, in the preliminary results of a changed circumstances review. The agency preliminarily found Dongkuk Steel continues to operate as the same business entity, including that there was no name change. The new Dongkuk Steel explained that the spin-off of two business units in the reorganization and other moves did not affect the management or internal organization structure, production, supplier relationships or customer base of the CTL plate business. If Commerce confirms its finding in the final results, post-reorganization Dongkuk Steel may inherit the AD rates assigned to pre-reorganization Dongkuk Steel in the AD review.