# 2026-22626: Korean Steel Plate Review Finds Government Subsidies, Keeps Duties

2026-22626, Certain Cut-To-Length Carbon-Quality Steel Plate From the Republic of Korea: Final Results of Countervailing Duty Administrative Review; 2024, is a Federal Register notice from Commerce Department, International Trade Administration published 2026-11-05, effective 2026-11-05; PRIA reads it as touching household money (as of 2026-11-06).

- Canonical: https://policyrisk.com/federal-register/2026-22626
- As of: 2026-11-06
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-22626
- Title: Certain Cut-To-Length Carbon-Quality Steel Plate From the Republic of Korea: Final Results of Countervailing Duty Administrative Review; 2024
- Type: Notice
- Agencies: Commerce Department; International Trade Administration
- Citation: 91 FR 69811
- Published: 2026-11-05
- Effective: 2026-11-05
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-11-06

## In one line

Korean Steel Plate Review Finds Government Subsidies, Keeps Duties

## Summary

The U.S. Department of Commerce found that some Korean steel makers got unfair government help in 2024, so they’ll keep extra taxes on certain steel plates from Korea. This affects Korean exporters and U.S. buyers who import this steel, starting November 5, 2026. These duties help keep the playing field fair and protect American businesses.

## Abstract

The U.S. Department of Commerce (Commerce) determines that certain producers and exporters of certain cut-to-length carbon-quality steel plate (CTL plate) from the Republic of Korea (Korea) received countervailable subsidies during the period of review (POR) January 1, 2024, through December 31, 2024.

## Effects PRIA read

- Final Countervailing Duty Rates Set: cost, low. The Department of Commerce found countervailable subsidies for January 1, 2024 through December 31, 2024 and set company-specific ad valorem rates: Dongkuk Steel Mill Co., Ltd. 1.89% and Hyundai Steel Company 1.39%. These rates are part of the final results published with effect on November 5, 2026.
- CBP Assessment Timing and Possible Liquidation Delay: cost, low. Commerce will instruct U.S. Customs and Border Protection (CBP) to assess countervailing duties on appropriate entries at the listed rates. Commerce intends to issue assessment instructions no earlier than 35 days after publication, and if a timely summons is filed at the U.S. Court of Internationa…
- Cash Deposit Rules for Future Shipments: cost, medium. For shipments entered or withdrawn for consumption on or after the date of publication (November 5, 2026), CBP will collect cash deposits of estimated countervailing duties: company-specific rates for Dongkuk (1.89%) and Hyundai (1.39%) except a rate below 0.50% would be treated as zero; if produce…

## Related documents

- [2025-05481](https://policyrisk.com/federal-register/2025-05481): Regulations Enhancing the Administration of the Antidumping and Countervailing Duty Trade Remedy Laws; Correction, 2025-03-31
- [2026-22628](https://policyrisk.com/federal-register/2026-22628): Certain Oil Country Tubular Goods From Mexico: Final Results of Antidumping Duty Administrative Review; 2023-2024, 2026-11-05
- [2026-22623](https://policyrisk.com/federal-register/2026-22623): Certain Aluminum Foil From the Sultanate of Oman: Final Results of Antidumping Duty Administrative Review; 2023-2024, 2026-11-05
- [2026-22631](https://policyrisk.com/federal-register/2026-22631): Wood Mouldings and Millwork Products From the People's Republic of China: Rescission of Countervailing Duty Administrative Review; 2025, 2026-11-05
- [2026-22629](https://policyrisk.com/federal-register/2026-22629): Initiation of Antidumping and Countervailing Duty Administrative Reviews, 2026-11-05
- [2026-22630](https://policyrisk.com/federal-register/2026-22630): Circular Welded Non-Alloy Steel Pipe From the Republic of Korea: Final Results of Antidumping Duty Administrative Review; 2023-2024, 2026-11-05

## Sources
- [2026-22626 on federalregister.gov](https://www.federalregister.gov/documents/2026/11/05/2026-22626/certain-cut-to-length-carbon-quality-steel-plate-from-the-republic-of-korea-final-results-of)
- [2026-22626 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-11-05/pdf/2026-22626.pdf)

## Related
- [Previous: 2026-22625, Certain Choline Salts From the People's Republic of China: Postponement of Prel…](https://policyrisk.com/federal-register/2026-22625)
- [Next: 2026-22627, Certain Metal Lockers and Parts Thereof From People's Republic of China: Final…](https://policyrisk.com/federal-register/2026-22627)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-22626 (as of 2026-11-06).