The United States has published the final results of an investigation into the CVD of cold-rolled steel from South Korea.

The US Department of Commerce (DOC) has published the final results of the administrative review of the Countervailing Duty Ordinance (CVD) on certain types of cold-rolled steel (cold-rolled steel) from South Korea for the period from January 1, 2023 to December 31, 2023.

During the audit, it was found that Hyundai Steel Company and POSCO received compensatory subsidies during the period under review. The doctor determined that the compensation subsidy rate is 1.28 percent for Hyundai Steel Company and 3.64 percent for POSCO. The Ministry of Justice also cancelled this review in respect of 46 companies.

The preliminary rate for Hyundai Steel Company was 1.28 percent, and for POSCO - 3.67 percent. The POSCO rate was revised in the final results based on changes made to the calculation of the subsidy rate in response to comments received from stakeholders. sides.

The relevant products are listed in the subheadings 7209.15.0000, 7209.16.0030, 7209.16.0040, 7209.16.0045, 7209.16.0060, 7209.16.0070, 7209.16.0091, 7209.17.0030, 7209.17.0040, 7209.17.0045, 7209.17.0060, 7209.17.0070, 7209.17.0091, 7209.18.1530, 7209.18.1560, 7209.18.2510, 7209.18.2520, 7209.18.2580, 7209.18.6020, 7209.18.6090, 7209.25.0000, 7209.26.0000, 7209.27.0000, 7209.28.0000, 7209.90.0000, 7210.70.3000, 7211.23.1500, 7211.23.2000, 7211.23.3000, 7211.23.4500, 7211.23.6030, 7211.23.6060, 7211.23.6090, 7211.29.2030, 7211.29.2090, 7211.29.4500, 7211.29.6030, 7211.29.6080, 7211.90.0000, 7212.40.1000, 7212.40.5000, 7225.50.6000, 7225.50.8080, 7225.99.0090, 7226.92.5000, 7226.92.7050, and 7226.92.8050 of the United States Harmonized Tariff System (HTSUS).