QB 18-120 Korea Steel Annual Limits

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an absolute quota for imports of steel mill products from South Korea, effective for goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on May 1, 2018.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.

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 and Border Protection website, shall not be allowed.

This Quota Bulletin provides information on remaining annual quota quantities for Korean steel imports as of May 7, 2018, and may be issued at the end of each quarter for convenience of importers of Korean steel products under absolute quota.  Information on remaining quarterly quota quantities is available on the commodity status report published weekly on cbp.gov at:

https://www.cbp.gov/trade/quota/bulletins

PLEASE MAKE NOTE AND BE AWARE, THE QUANTITIES LISTED BELOW ARE SUBJECT TO CHANGES DAILY AS QUOTA IS PROCESSED.  THESE AMOUNTS ARE ONLY FOR INFORMATION.

Note that as of May 11, 2018, two quarterly quota categories for the second quarter of 2018 is filled:  9903.80.39 and 9903.80.24

Questions from the importing community regarding this electronic message should be referred to the appropriate CBP port/center.  The port/center may refer questions through email to HQQUOTA@cbp.dhs.gov.