Korean Steel Plates Hit with Subsidy Findings, 54 Firms Freed
Published Date: 8/6/2026
Notice
Summary
The U.S. Department of Commerce (Commerce) preliminarily determines that countervailable subsidies were provided to certain producers and exporters of certain carbon and alloy steel cut-to-length plate (CTL plate) from the Republic of Korea (Korea) during the period of review (POR) January 1, 2024, through December 31, 2024. In addition, Commerce is rescinding this review with respect to 54 companies. Interested parties are invited to comment on these preliminary results of review.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 3 costs, 0 mixed.
New cash-deposit rules for future entries
Commerce intends to require cash deposits for shipments entered on or after the date of publication of the final results of this review: POSCO's cash deposit rate will equal the company-specific rate determined in the final results unless that rate is less than 0.50 percent (in which case the deposit rate will be zero). If producer and exporter company-specific rates differ, the higher rate applies; if only one has a company-specific rate, that rate applies. All other producers and exporters will continue to have the 3.72 percent all-others cash deposit rate.
POSCO preliminarily hit with 1.14% CVD
Commerce preliminarily found a 1.14 percent ad valorem countervailable subsidy rate for POSCO Co., Ltd. for entries during the period January 1, 2024 through December 31, 2024. If finalized, entries of CTL plate produced by POSCO for that period will be assessed duties based on this rate.
Review rescinded for 54 exporters
Commerce is rescinding the administrative review for 54 named companies because CBP data show no reviewable entries during January 1, 2024 through December 31, 2024. For those rescinded companies, Commerce will instruct U.S. Customs and Border Protection to assess countervailing duties on appropriate entries at the cash deposit rate of estimated countervailing duties required at the time of entry during that period.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-19372, Certain Brake Drums From the People's Republic of China: Preliminary Affirmative Determination of Circumvention of the Antidumping Duty and Countervailing Duty Orders
The U.S. Department of Commerce found that certain brake drums made in China are sneaking around existing trade rules meant to keep things fair. This means these brake drums will now face extra duties like the original ones, starting September 22, 2026. Companies importing or making brake drums should get ready for these changes, which could affect prices and trade.
2026-19377, Large Diameter Welded Pipe From Canada: Preliminary Results of Changed Circumstances Review
The U.S. Department of Commerce says Interpro Pipe & Steel Inc. is now the official successor to Evraz Inc. NA Canada for the large diameter welded pipe trade rules. This means Interpro will follow the same trade duties and rules starting September 22, 2026. Companies involved in this pipe business should watch for updates and get ready for any changes in costs or paperwork.
2026-19376, Steel Wire Garment Hangers From the People's Republic of China and the Socialist Republic of Vietnam: Preliminary Affirmative Determination of Circumvention of the Antidumping Duty Order on Steel Wire Garment Hangers From the People's Republic of China and the Antidumping and Countervailing Duty Orders on Steel Wire Garment Hangers From the Socialist Republic of Vietnam
The U.S. Department of Commerce found that steel wire garment hangers made in Cambodia using materials from China or Vietnam are trying to dodge existing import taxes. This means these hangers will likely face the same duties as those from China and Vietnam starting September 22, 2026. Companies involved should get ready for possible extra costs and new rules soon.
2026-19373, Certain Frozen Fish Fillets From the Socialist Republic of Vietnam: Notice of Court Decision Not in Harmony With the Final Results of Antidumping Administrative Review; and Notice of Amended Final Results
The U.S. Court of International Trade changed the final review results for certain frozen fish fillets from Vietnam, affecting Can Tho Import Export Seafood (CASEAMEX) and four other companies. This means their dumping fees are updated starting September 14, 2026. If you’re involved in importing these fish fillets, watch out for new costs and rules based on this court decision!
2026-19375, Polyethylene Terephthalate Resin From the Sultanate of Oman: Amended Final Results of Antidumping Duty Administrative Review; 2023-2024; Correction
The U.S. Department of Commerce fixed a small mistake in their recent review of import duties on PET resin from Oman. They corrected the date when new cash deposit rules start, making sure it matches the final review publication date, not the amended one. This update affects importers and ensures the right money rules apply from the correct day.
2026-19378, Certain Fatty Acids From Indonesia: Preliminary Affirmative Determination of Sales at Less Than Fair Value, Preliminary Affirmative Determination of Critical Circumstances, in Part, Postponement of Final Determination, and Extension of Provisional Measures
The U.S. Department of Commerce found that certain fatty acids from Indonesia are likely being sold in the U.S. for less than their fair price. This means importers from Indonesia might face extra duties soon. The final decision is delayed, but provisional measures are extended to protect U.S. businesses while the investigation continues.
Previous / Next Documents
Previous: 2026-16014, Forged Steel Fittings From Taiwan: Final Results of Antidumping Duty Administrative Review; 2023-2024
The U.S. Department of Commerce (Commerce) determines that Both-Well Steel Fittings Co., Ltd. (Both-Well), made sales of subject merchandise at less than normal value (NV) during the period of review (POR), September 1, 2023, through August 31, 2024.
Next: 2026-16018, Organic Soybean Meal From India: Preliminary Results and Partial Rescission of Countervailing Duty Administrative Review; 2024
The U.S. Department of Commerce (Commerce) preliminarily determines that countervailable subsidies are being provided to certain producers/exporters of organic soybean meal from India. The period of review (POR) is January 1, 2024, through December 31, 2024. Interested parties are invited to comment on these preliminary results.