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Nucor Dismisses Its CVD Case on Korean Provision of Electricity

The Court of International Trade granted U.S. steel company Nucor Corp.'s bid to dismiss its suit on the 2020 administrative review of the countervailing duty order on corrosion-resistant steel products from South Korea. Nucor launched the suit to contest the…

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Commerce Department's finding that electricity in South Korea that was provided for less than adequate remuneration conferred no benefit (see 2304070054). Nucor claimed that the agency was required to verify questionnaire responses from the South Korean government regarding the provision of the electricity (Nucor Corp. v. United States, CIT # 23-00058).