The South Korean government's provision of port usage rights to exporter Hyundai Steel Co. is not a countervailable benefit since it is the repayment of a debt, Hyundai told the U.S. Court of Appeals for the Federal Circuit in a Dec. 29 opening brief. Because the port usage rights allowed Hyundai to "recoup its costs" from building the Incheon North Harbor port, the rights did not provide a "gift-like transfer of funds that provided an advantage or profit to Hyundai Steel," the brief said (Hyundai Steel Co. v. U.S., Fed. Cir. # 24-1100).
A Turkish aluminum foil exporter Dec. 22 sought expedited consideration of a request for a voluntary remand by the Commerce Department and challenged concerns raised by domestic petitioners in a case involving a duty drawback adjustment on its products (Assan Aluminyum Sanayi ve Ticaret v. U.S., CIT # 21-00616).