Trade Cases
September 8, 2016
DOC CTL Plate Determination Affirmative for China but Not Korea
Written by Sandy Williams
The Department of Commerce announced an affirmative preliminary determination in the countervailing duty investigation of cut-to-length steel plate from China but a negative determination in the CVD investigation of imports of CTL plate from Korea.
Exporter and producers in the China investigation received subsidy rates of 210.5 percent based on available adverse facts (they did not participate in the DOC review process). A de minimis rate of 0.62 was determined for Korean steelmaker POSCO and all other imports of plate from Korea. A de minimis rate means Korea will not have to pay any cash deposit on CTL plate exported to the United States.
