South Korea Carbon and Alloy Steel Plate: Commerce Lowers AD Rates for All Exporters
The Commerce Department is lowering countervailing duty cash deposit rates imposed on carbon and alloy steel cut-to-length plate from South Korea (C-580-888), after a recent Court of International Trade decision found fault with rates the agency set in its 2017 final determination in the original AD duty investigation (see 1705240008). Commerce recalculated rates it set for POSCO and the “all others” companies. Recalculated CV rates are applicable as of Nov. 18, 2018, as follows:
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| Company | CV Rate |
|---|---|
| POSCO | 3.72% (from 4.31%) |
| All other companies | 3.72% (from 4.31%) |
(Federal Register 11/22/19)