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  5. QB 18-119 2018 Quarterly Quota Limits (Title Amended from Steel Mill Products)

QB 18-119 2018 Quarterly Quota Limits (Title Amended from Steel Mill Products)

On April 30, 2018, the President issued a Presidential Proclamation under Section 232 of the Trade Expansion Act of 1962 providing for an absolute quota for imports of steel mill products from South Korea, effective for goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on May 1, 2018. See 83 Federal Register 20683, May 07, 2018.

COMMODITY

Steel mill products as specified in Presidential Proclamation 9740.

QUOTA PERIOD for steel mill products

 January 1, 2018 through December 31, 2018, and subsequent annual periods.

RESTRAINT LEVEL

For steel mill products from South Korea, the absolute quota restraint levels will be managed in quarterly periods.  The remaining quarterly quota amounts will be listed in the Quota Status Report as set forth on the U.S. Customs & Border Protection website at the following link: https://www.cbp.gov/document/report/quota-status-reports beginning May 14, 2018.   

Note that as of May 11, 2018, one quarterly quota category for the second quarter of 2018 is filled:  9903.80.39

Subheadings 9903.80.05 through 9903.80.58, inclusive, set forth the ordinary customs duty treatment for the steel mill products of any country enumerated in the superior text to such subheadings, subject to the annual aggregate quantitative limitations proclaimed for these subheadings and Imports from any such country in an aggregate quantity under any such subheading during any of the periods January through March, April through June, July through September, or October through December in any year that is in excess of 30 percent of the total aggregate quantity provided for a calendar year for such country, as set forth on the U.S. Customs & Border Protection website, shall not be allowed.

REPORTING INSTRUCTIONS

South Korea Steel Mill Products

For quota merchandise, use entry type code 02, 06, 07, 12, 23, 32, 38, or 52.

The merchandise covered by the quota may also be subject to antidumping and countervailing duties.

In addition to reporting the Chapter 72 and Chapter 73 Harmonized Tariff Schedule (HTS) classification for the imported merchandise, importers shall report the following HTS classifications for imported merchandise subject to the quota:  9903.80.05 through 9903.80.58, inclusive, for steel mill Products

Absolute quota merchandise may not be imported into the U.S for consumption after quota limit is reached, per [19 CFR 132]. Options after the quota limit is reached include warehouse, foreign trade zone, exportation or destruction.

Countries covered:

South Korea

Merchandise presented shall be reported and released by the Automated Commercial Environment (ACE) until a “hold” status is indicated or quota restraint limit is reached. Questions from the importing community regarding this electronic message should be referred to the appropriate CBP port/center.

Last Modified: May 14, 2018