The US Court of International Trade (USCIT) stalled the market - a method the US Commerce Department used to impose high tariffs on South Korean steel. South Korean steel companies expect a recent court ruling to help them avoid massive tariffs.
USCIT recently released its judgment regarding oil company tubular goods (OCTG) manufactured by Nexteel, Hyundai Steel, Husteel, AJU Besteel, SeAH Steel and Iljin. These companies have previously filed a lawsuit against the US government, claiming that the department's annual review definition is incorrect.
USCIT told the department to reverse the PMS definition and recalculate anti-dumping duty rates. Tariff rates applied to companies may be reduced after the department does so.
South Korean steelmakers said the court's ruling is expected to prevent the department from misusing tariffs, although this time USCIT questioned not the system itself, but how to apply it.
Earlier, in October 2016, the ministry issued a preliminary annual review of OCTG and imposed anti-dumping duties of 8.04%, 3.80% and 5.92% for Nexteel, SeAH Steel and others, respectively. When finalized in April 2017, rates were adjusted to 24.92 percent, 2.76 percent and 13.84 percent.
Subscribe to news

Metallurgy news
- Today
00:00 Steel dynamics expects higher income and stronger steel operations in the 3rd quarter. - 16 September 2025
19:00 The UK Steel warns the prices for electricity remain uncompetitive, calls for contracts for the difference on an even game field 19:00 Assofermet: new EU measurements on steel and aluminum are being produced 18:00 The German steel industry welcomes energy transition measures, but demands lower energy costs. 18:00 Property sales in Turkey Rose 0.3 percent in August 2025 from July 17:00 Gerdau warns that the steel sector of Brazil is faced with a collapse against a background of growing imports, idle capacities 17:00 Car sales in Turkey increased by 6.6 percent in January-August 2025 17:00 Cut, shred, fragment!
Publications
16.09 Border zone Bila Zovnіshnіkh sting: Zmensny Kroku Trubi for compensation heating 15.09 Operational solution to problems with car keys 15.09 Concrete circles "PD Key": Shcho come in the list of installation 14.09 Fіtings that gangs on the website SPRENERGO 14.09 Tytyunu Kurinnya tubes: Separate vibor