⚖️Preliminary Countervailing Duty Results on Korean Steel Products
Certain Carbon and Alloy Steel Cut-to-Length Plate From the Republic of Korea: Preliminary Results and Partial Rescission of Countervailing Duty Administrative Review; 2023
Summary
The U.S. Department of Commerce (Commerce) preliminarily determines that countervailable subsidies are being provided to certain producers and exporters of certain carbon and alloy steel cut-to-length plate (CTL plate) from the Republic of Korea (Korea) during the period of review (POR) January 1, 2023, through December 31, 2023. In addition, Commerce is rescinding this review with respect to 54 companies. Interested parties are invited to comment on these preliminary results of review.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$$ - High
The document discusses the countervailing duties applicable to certain steel products from Korea, which can significantly affect business operations, costs, and compliance for U.S. businesses importing these items. Additionally, commentary on the preliminary results invites input, indicating engagement opportunities for affected parties.