Hyundai Steel Signs Off on Remand Results Dropping PMS Adjustment to Sales-Below-Cost Test
Consolidated plaintiff in an antidumping case Hyundai Steel in an Aug. 25 filing signed off on the Commerce Department's remand results (see 2106220064) dropping a cost-based particular market situation adjustment from the sales-below-cost test. The case comes from the 2016-17 administrative review of the antidumping duty order on circular welded non-alloy steel pipe from South Korea. Following elimination of the PMS adjustment, Husteel, the other plaintiff in the case, received a 6.44% dumping rate, down from 10.91%, while Hyundai received a 4.82% rate, down from 8.14%. Hyundai said no parties submitted comments opposing the remand results (Husteel Co., Ltd. v. U.S., CIT #19-00107).
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The remand results brought Commerce in line with instructions from the court that granted Commerce's wishes for a voluntary remand of the case. Following a separate CIT decision in December that ruled against the agency's application of a PMS adjustment under similar circumstances, Commerce requested to reconsider its own administrative review results to come into compliance with this decision (see 2105030043).