Notice2026-03418

Certain Cut-To-Length Carbon-Quality Steel Plate From the Republic of Korea: Final Results of Countervailing Duty Administrative Review; 2023

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
February 20, 2026

Issuing agencies

Commerce DepartmentInternational Trade Administration

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, 2023, through December 31, 2023.

Full Text

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<title>Federal Register, Volume 91 Issue 34 (Friday, February 20, 2026)</title>
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[Federal Register Volume 91, Number 34 (Friday, February 20, 2026)]
[Notices]
[Pages 8180-8182]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-03418]


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DEPARTMENT OF COMMERCE

International Trade Administration

[C-580-837]


Certain Cut-To-Length Carbon-Quality Steel Plate From the 
Republic of Korea: Final Results of Countervailing Duty Administrative 
Review; 2023

AGENCY: Enforcement and Compliance, International Trade Administration, 
Department of Commerce.

SUMMARY: The U.S. Department of Commerce (Commerce) determines that 
certain producers and exporters of

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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, 2023, through December 31, 2023.

DATES: Applicable February 20, 2026.

FOR FURTHER INFORMATION CONTACT: Kristen Johnson or Elizabeth Talbot 
Russ, AD/CVD Operations, Office III, Enforcement and Compliance, 
International Trade Administration, U.S. Department of Commerce, 1401 
Constitution Avenue NW, Washington, DC 20230; telephone: (202) 482-4793 
or (202) 482-5516, respectively.

SUPPLEMENTARY INFORMATION: 

Background

    On June 12, 2025, Commerce published the Preliminary Results of 
this administrative review in the Federal Register and invited 
interested parties to comment.\1\ On August 21, 2025, Commerce extended 
the deadline for issuing the final results by 60 days.\2\
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    \1\ See Certain Cut-to-Length Carbon-Quality Steel Plate from 
the Republic of Korea: Preliminary Results and Partial Rescission of 
Countervailing Duty Administrative Review; 2023, 90 FR 24776 (June 
12, 2025) (Preliminary Results), and accompanying Preliminary 
Decision Memorandum.
    \2\ See Memorandum, ``Extension of Deadline for Final Results of 
Countervailing Duty Administrative Review; 2023,'' dated August 21, 
2025.
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    Due to the lapse in appropriations and Federal Government shutdown, 
on November 14, 2025, Commerce tolled all deadlines in administrative 
proceedings by 47 days.\3\ Additionally, due to a backlog of documents 
that were electronically filed via Enforcement and Compliance's 
Antidumping and Countervailing Duty Centralized Electronic Service 
System (ACCESS) during the Federal Government shutdown, on November 24, 
2025, Commerce tolled all deadlines in administrative proceedings by an 
additional 21 days.\4\ Accordingly, the deadline for these final 
results is now February 17, 2026.
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    \3\ See Memorandum, ``Deadlines Affected by the Shutdown of the 
Federal Government,'' dated November 14, 2025.
    \4\ See Memorandum, ``Tolling of all Case Deadlines,'' dated 
November 24, 2025.
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    For a complete description of the events that have occurred since 
the Preliminary Results, see the Issues and Decision Memorandum.\5\ A 
list of topics discussed in the Issues and Decision Memorandum is 
provided as an appendix to this notice. The Issues and Decision 
Memorandum is a public document and is on file electronically via 
ACCESS, which is available to registered users at <a href="https://access.trade.gov">https://access.trade.gov</a>. In addition, a complete version of the Issues and 
Decision Memorandum can be accessed directly at <a href="https://access.trade.gov/public/FRNoticesListLayout.aspx">https://access.trade.gov/public/FRNoticesListLayout.aspx</a>.
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    \5\ See Memorandum, ``Issues and Decision Memorandum for the 
Final Results of the Administrative Review of the Countervailing 
Duty Order on Certain Cut-To-Length Carbon-Quality Steel Plate from 
the Republic of Korea; 2023,'' dated concurrently with, and hereby 
adopted by, this notice (Issues and Decision Memorandum).
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Scope of the Order

    The product covered by this Order is certain cut-to-length carbon-
quality steel plate.\6\ For a complete description of the scope of this 
Order, see the Issues and Decision Memorandum.
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    \6\ See Notice of Amended Final Determination: Certain Cut-to-
Length Carbon-Quality Steel Plate from India and the Republic of 
Korea; and Notice of Countervailing Duty Orders: Certain Cut-to-
Length Carbon-Quality Steel Plate from France, India, Indonesia, 
Italy, and the Republic of Korea, 65 FR 6587 (February 10, 2000) 
(Order).
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Methodology

    Commerce conducted this administrative review in accordance with 
section 751(a)(1)(A) of the Tariff Act of 1930, as amended (the Act). 
For each of the subsidy programs found countervailable, we find that 
there is a subsidy, i.e., a government-provided financial contribution 
that gives rise to a benefit to the recipient, and that the subsidy is 
specific.\7\ The subsidy programs under review, and the issues raised 
in case and rebuttal briefs submitted by the interested parties, are 
discussed in the Issues and Decision Memorandum.
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    \7\ See sections 771(5)(B) and (D) of the Act regarding 
financial contribution; section 771(5)(E) of the Act regarding 
benefit; and section 771(5A) of the Act regarding specificity.
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Changes Since the Preliminary Results

    Based on minor corrections accepted at the verification of Hyundai 
Steel Company, we made certain changes to the company's calculations 
for these final results of review.

Final Results of Administrative Review

    We determine that following total net countervailable subsidy rates 
exist for the period January 1, 2023, through December 31, 2023:

------------------------------------------------------------------------
                                                           Subsidy rate
                    Producer/exporter                       (percent ad
                                                             valorem)
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Dongkuk Steel Mill Co., Ltd \8\.........................            2.21
Hyundai Steel Company \9\...............................            1.31
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Disclosure
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    \8\ Commerce preliminarily finds the following company to be 
cross-owned with DSM: Dongkuk Holdings Co., Ltd.
    \9\ Commerce preliminarily finds the following companies to be 
cross-owned with Hyundai Steel: Hyundai Green Power Co., Ltd., 
Hyundai IFC Co., Ltd., and Hyundai ITC Co., Ltd.
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    Because Commerce made certain changes to Hyundai Steel Company's 
calculations for these final results of review, we intend to disclose 
the company's final results calculations to interested parties within 
five days of the public announcement of these final results, or if 
there is no public announcement, within five days of the date of 
publication of this notice in the Federal Register, in accordance with 
19 CFR 351.224(b). Commerce has not made any changes to the 
calculations or analysis performed for Dongkuk Steel Mill Co., Ltd. in 
these final results.

Assessment Rates

    Pursuant to section 751(a)(2)(C) of the Act and 19 CFR 
351.212(b)(2), Commerce has determined, and U.S. Customs and Border 
Protection (CBP) shall assess, countervailing duties on all appropriate 
entries of subject merchandise covered by this review for the above-
listed companies at the applicable ad valorem assessment rates listed. 
Commerce intends to issue assessment instructions to CBP no earlier 
than 35 days after the date of publication of the final results of this 
review in the Federal Register. If a timely summons is filed at the 
U.S. Court of International Trade, the assessment instructions will 
direct CBP not to liquidate relevant entries until the time for parties 
to file a request for a statutory injunction has expired (i.e., within 
90 days of publication).

Cash Deposit Requirements

    In accordance with section 751(a)(2)(C) of the Act, Commerce 
intends to instruct CBP to collect cash deposits of estimated 
countervailing duties in the amounts shown for the companies subject to 
this review for shipments of subject merchandise entered, or withdrawn 
from warehouse, for consumption on or after the date of publication of 
the final results of this administrative review. For all non-reviewed 
companies, we will instruct CBP to continue to collect cash deposits of 
estimated countervailing duties at the most recent company-specific or 
all-others rate applicable to the company, as appropriate. These cash 
deposits, when imposed, shall remain in effect until further notice.

Administrative Protective Order (APO)

    This notice also serves as a final reminder to parties subject to 
an APO of their responsibility concerning the return or destruction of 
proprietary information disclosed under APO in accordance with 19 CFR 
351.305(a)(3).

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Timely written notification of the return or destruction of APO 
materials or conversion to judicial protective order is hereby 
requested. Failure to comply with the regulations and terms of an APO 
is a violation subject to sanction.

Notice to Interested Parties

    These final results are issued and published in accordance with 
sections 751(a)(1) and 777(i)(1) of the Act, and 19 CFR 351.221(b)(5).

    Dated: February 17, 2026.
Christopher Abbott,
Deputy Assistant Secretary for Policy and Negotiations, performing the 
non-exclusive functions and duties of the Assistant Secretary for 
Enforcement and Compliance.

Appendix

List of Topics Discussed in the Issues and Decision Memorandum

I. Summary
II. Background
III. Scope of the Order
IV. Subsidies Valuation Information
V. Analysis of Programs
VI. Discussion of the Issues
    Comment 1: Whether the Provision of Electricity Was Consistent 
with Market Principles During the POR
    Comment 2: Whether to Modify the Benefit Calculation for the 
Provision of Electricity for Less Than Adequate Renumeration (LTAR) 
Program
    Comment 3: Whether the Provision of Electricity for LTAR Program 
Is Specific
    Comment 4: Whether the Provision of Korean Allocation Units 
(KAUs) Constitutes a Financial Contribution
    Comment 5: Whether the Provision of KAUs Confers a 
Countervailable Benefit
    Comment 6: Whether the Korea Emissions Trading System Program Is 
Specific
    Comment 7: Whether Article 57-2 Constitutes a Countervailable 
Subsidy
    Comment 8: Whether Hyundai IFC Co., Ltd.'s Subsidies Are 
Attributable to Hyundai Steel
    Comment 9: Whether to Modify the Benchmark Interest Rate for 
Hyundai Steel's Export-Import Bank of Korea Export Growth Loan
    Commet 10: Whether the Carbon-Neutral Facilities Grant Program 
Is a Countervailable Subsidy
    Comment 11: Whether the Research and Development Grants Received 
Under the Industrial Technology and Innovation Promotion Act Are 
Countervailable
VII. Recommendation

[FR Doc. 2026-03418 Filed 2-19-26; 8:45 am]
BILLING CODE 3510-DS-P


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Indexed from Federal Register on February 20, 2026.

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