14 Aug 2025

🛠️Countervailing Duty Review Results for Hot-Rolled Steel Imports

Certain Hot-Rolled Steel Flat Products From the Republic of Korea: Final Results of Countervailing Duty Administrative Review; 2022

Summary

The U.S. Department of Commerce (Commerce) determines that Hyundai Steel Company (Hyundai Steel) and POSCO, producers/exporters of certain hot-rolled steel flat products (hot-rolled steel) from the Republic of Korea (Korea), received countervailable subsidies during the period of review January 1, 2022, through December 31, 2022.

Agencies

  • Commerce Department
  • International Trade Administration

Business Impact ?

$$$ - High

The content addresses countervailable subsidies for companies importing hot-rolled steel from Korea, imposing regulatory compliance and financial duty assessment for businesses engaged in this trade. The information is crucial for U.S. importers and those in the steel industry to navigate financial implications.

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