# 2026-16017: Korean Steel Plates Hit with Subsidy Findings, 54 Firms Freed

2026-16017, Certain Carbon and Alloy Steel Cut-to-Length Plate From the Republic of Korea: Preliminary Results and Rescission, in Part of Countervailing Duty Administrative Review; 2024, is a Federal Register notice from Commerce Department, International Trade Administration published 2026-08-06, effective 2026-08-06; PRIA reads it as touching household money (as of 2026-08-13).

- Canonical: https://policyrisk.com/federal-register/2026-16017
- As of: 2026-08-13
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-16017
- Title: Certain Carbon and Alloy Steel Cut-to-Length Plate From the Republic of Korea: Preliminary Results and Rescission, in Part of Countervailing Duty Administrative Review; 2024
- Type: Notice
- Agencies: Commerce Department; International Trade Administration
- Citation: 91 FR 50784
- Published: 2026-08-06
- Effective: 2026-08-06
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-08-13

## In one line

Korean Steel Plates Hit with Subsidy Findings, 54 Firms Freed

## 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.

## Effects PRIA read

- POSCO preliminarily hit with 1.14% CVD: cost, low. 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- Review rescinded for 54 exporters: cost, low. 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 For those rescinded companies, Commerce will instruct U.S. Customs and Border Protection to assess countervailing duties on appropria…
- New cash-deposit rules for future entries: cost, medium. 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 depos…

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## Sources
- [2026-16017 on federalregister.gov](https://www.federalregister.gov/documents/2026/08/06/2026-16017/certain-carbon-and-alloy-steel-cut-to-length-plate-from-the-republic-of-korea-preliminary-results)
- [2026-16017 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-08-06/pdf/2026-16017.pdf)

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Source: PRIA, https://policyrisk.com/federal-register/2026-16017 (as of 2026-08-13).