Hyundai Proposes Judgment Resolving South Korean Steel Plate CVD Matter
South Korean steel exporter Hyundai Steel Company filed a proposed judgment in a countervailing duty case after the Court of International Trade told litigants to do so as resolution of the matter was reached following a voluntary remand from the…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
Commerce Department (see 2203100028). The proposed order would have the trade court sustain Commerce's remand results. In the remand, Commerce said that a South Korean sewerage fees program was not countervailable, leading to a de minimis rate for Hyundai Steel. In a March 9 joint status report, Hyundai and the U.S. said that case was resolved following the voluntary remand. The case concerns the 2018 CVD administrative review of cut-to-length carbon-quality steel plate from South Korea (Hyundai Steel Company v. United States, CIT #21-00012).