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
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Issuing agencies
Abstract
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.
Full Text
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<title>Federal Register, Volume 91 Issue 150 (Thursday, August 6, 2026)</title>
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[Federal Register Volume 91, Number 150 (Thursday, August 6, 2026)]
[Notices]
[Pages 50784-50787]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-16017]
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DEPARTMENT OF COMMERCE
International Trade Administration
[C-580-888]
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
AGENCY: Enforcement and Compliance, International Trade Administration,
U.S. Department of Commerce.
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
[[Page 50785]]
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.
DATES: Applicable August 6, 2026.
FOR FURTHER INFORMATION CONTACT: Rachel Accorsi or Joshua Nixon, AD/CVD
Operations, Office VIII, Enforcement and Compliance, International
Trade Administration, U.S. Department of Commerce, 1401 Constitution
Avenue NW, Washington, DC 20230; telephone: (202) 482-3149 or (202)
482-8361, respectively.
SUPPLEMENTARY INFORMATION:
Background
On May 25, 2017, Commerce published a countervailing duty (CVD)
order on CTL plate from Korea.\1\ On June 25, 2025, Commerce published
a notice of initiation of an administrative review of the Order.\2\ We
initiated an administrative review of 57 producers/exporters of CTL
plate from Korea for the POR.\3\ On August 18, 2025, Commerce selected
POSCO Co., Ltd. (POSCO) as the sole mandatory respondent in this
administrative review.\4\
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\1\ See Certain Carbon and Alloy Steel Cut-to-Length Plate from
the Republic of Korea: Countervailing Duty Order, 82 FR 24103 (May
25, 2017) (Order).
\2\ See Initiation of Antidumping and Countervailing Duty
Administrative Reviews, 90 FR 26967, 26978-79 (June 25, 2025)
(Initiation Notice).
\3\ In their request for administrative review, Cleveland-Cliffs
Inc., Nucor Corporation, and SSAB Enterprises LLC requested review
of ``POSCO,'' ``POSCO International Corp.,'' and ``POSCO
International Corporation.'' POSCO International Corp. is an
abbreviation of the full company name POSCO International
Corporation which is reflected in the company's request for review.
Accordingly, we are treating POSCO and POSCO International Corp. as
POSCO International Corporation for the purposes of this review.
\4\ See Memorandum, ``Respondent Identification,'' dated August
18, 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.\5\ 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.\6\ On March 4, 2026, we extended the deadline for
the preliminary results of this review until July 31, 2026, in
accordance with 19 CFR 351.213(h)(2).\7\
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\5\ See Memorandum, ``Deadlines Affected by the Shutdown of the
Federal Government,'' dated November 14, 2025.
\6\ See Memorandum, ``Tolling of all Case Deadlines,'' dated
November 24, 2025.
\7\ See Memorandum, ``Extension of Deadline for Preliminary
Results of Countervailing Duty Administrative Review,'' dated March
4, 2026.
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For a complete description of the events that followed the
initiation of this review, see the Preliminary Decision Memorandum.\8\
A list of topics discussed in the Preliminary Decision Memorandum is
provided in Appendix I. The Preliminary Decision Memorandum is a public
document and is on file electronically via ACCESS. ACCESS is available
to registered users at <a href="https://access.trade.gov">https://access.trade.gov</a>. In addition, a
complete version of the Preliminary Decision Memorandum can be accessed
directly at <a href="https://access.trade.gov/frnotices">https://access.trade.gov/frnotices</a>.
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\8\ See Memorandum, ``Decision Memorandum for the Preliminary
Results of the Countervailing Duty Administrative Review of Certain
Carbon and Alloy Steel Cut-to-Length Plate from the Republic of
Korea; 2024,'' dated concurrently with, and hereby adopted by, this
notice (Preliminary Decision Memorandum).
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Scope of the Order
The merchandise covered by the Order is CTL plate from Korea. For a
complete description of the scope of the Order, see the Preliminary
Decision Memorandum.
Rescission of Adminisrative Review, in Part
It is Commerce's practice to rescind an administrative review of a
CVD order, pursuant to 19 CFR 351.213(d)(3), when there are no
reviewable entries of subject merchandise during the POR for which
liquidation is suspended.\9\ Normally, upon completion of an
administrative review, the suspended entries are liquidated at the CVD
assessment rate calculated for the review period.\10\ Therefore, for an
administrative review of a company to be conducted, there must be a
reviewable, suspended entry that Commerce can instruct U.S. Customs and
Border Protection (CBP) to liquidate at the CVD assessment rate
calculated for the POR.\11\ On September 10, 2025, we released a
memorandum notifying interested parties that, based on our examination
of the results of the CBP data query, we intended to rescind the
administrative review for certain companies for which the data show no
reviewable entries of subject merchandise during the POR, and requested
comments.\12\ No interested parties provided comments.
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\9\ See, e.g., Lightweight Thermal Paper from the People's
Republic of China: Notice of Rescission of Countervailing Duty
Administrative Review; 2015, 82 FR 14349 (March 20, 2017); see also
Circular Welded Carbon Quality Steel Pipe from the People's Republic
of China: Rescission of Countervailing Duty Administrative Review;
2017, 84 FR 14650 (April 11, 2019).
\10\ See 19 CFR 351.212(b)(2).
\11\ See 19 CFR 351.213(d)(3).
\12\ See Memorandum, ``Notice of Intent to Rescind Review, in
Part,'' dated September 10, 2025, at Attachment I.
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According to the CBP import data, 54 companies under review did not
have reviewable entries of subject merchandise during the POR for which
liquidation is suspended.\13\ In the absence of any evidence of
shipments placed on the record, pursuant to 19 CFR 351.213(d)(3), we
are rescinding the administrative review of these companies.
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\13\ See Appendix II.
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Methodology
Commerce is conducting 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
preliminarily determine that there is a subsidy, i.e., a financial
contribution by an ``authority'' that confers a benefit to the
recipient, and that the subsidy is specific.\14\ For a full description
of the methodology underlying our preliminary results, see the
Preliminary Decision Memorandum.
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\14\ 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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Preliminary Results of Review
In accordance with 19 CFR 351.221(b)(4)(i), we preliminarily
determine the following net countervailable subsidy rate exists for the
period January 1, 2024, through December 31, 2024:
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Subsidy rate
Company (percent ad
valorem)
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POSCO Co., Ltd. \15\................................... 1.14
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Disclosure
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\15\ As discussed in the Preliminary Decision Memorandum,
Commerce preliminarily finds the following companies to be cross-
owned with POSCO Co., Ltd.: POSCO Holdings Inc.; POSCO Future M Co.,
Ltd.; POSCO Mobility Solution Co., Ltd.; POSCO M-Tech Co., Ltd.; and
POSCO Nippon Steel RHF Joint Venture Co., Ltd. The subsidy rate
applies to all cross-owned companies. We note that POSCO has an
affiliated trading company through which it exported certain subject
merchandise during the POR, POSCO International (aka POSCO
International Corporation). POSCO International was not selected as
a mandatory respondent, but was examined in the context of POSCO.
Therefore, there is not an established CVD rate for POSCO
International; POSCO International's subsidies are accounted for in
POSCO's total subsidy rate. Instead, entries of subject merchandise
exported by POSCO International will receive the rate of the
producer listed on the CBP entry form. Thus, the subsidy rate
applied to POSCO and POSCO's cross-owned affiliates is also applied
to POSCO International for entries of subject merchandise produced
by POSCO.
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Commerce intends to disclose its calculations and analysis
performed to
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interested parties for these preliminary results within five days of
any public announcement or, if there is no public announcement, within
five days of the date of publication of this notice in accordance with
19 CFR 351.224(b).
Verification
Commerce received a timely request from Nucor Corporation (the
petitioner) to verify the information submitted in this administrative
review, pursuant to 19 CFR 307(b)(1)(v).\16\ Commerce conducted
verification of the subsidy information reported by POSCO Co., Ltd. in
the previous administrative review.\17\ Accordingly, Commerce does not
intend to verify the information submitted by the mandatory respondent
in the course of this administrative review.
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\16\ See Petitioner's Letter, ``Request for Verification,''
dated October 13, 2025.
\17\ See Certain Carbon and Alloy Steel Cut-to- Length Plate
From the Republic of Korea: Final Results of Countervailing Duty
Administrative Review; 2023, 91 FR 27264, 27265 (May 14, 2026).
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Public Comment
Case briefs or other written comments may be submitted to the
Assistant Secretary for Enforcement and Compliance.\18\ Interested
parties will be notified of the timeline for the submission of case
briefs and written comments at a later date. Rebuttal briefs, limited
to issues raised in the case briefs, may be filed not later than five
days after the date for filing case briefs.\19\ Interested parties who
submit case briefs or rebuttal briefs in this proceeding must submit:
(1) a table of contents listing each issue; and (2) a table of
authorities.\20\ All briefs must be filed electronically using ACCESS.
An electronically filed document must be received successfully in its
entirety in ACCESS by 5:00 p.m. Eastern Time on the established
deadline.
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\18\ See 19 CFR 351.309(c)(1)(ii); see also 19 CFR 351.303 for
general filing requirements.
\19\ See 19 CFR 351.309(d); see also Administrative Protective
Order, Service, and Other Procedures in Antidumping and
Countervailing Duty Proceedings, 88 FR 67069, 67077 (September 29,
2023) (APO and Service Final Rule).
\20\ See 19 CFR 351.309(c)(2) and (d)(2).
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As provided under 19 CFR 351.309(c)(2)(iii) and (d)(2)(iii), we
request that interested parties provide at the beginning of their
briefs a public executive summary for each issue raised in their
briefs.\21\ Further, we request that interested parties limit their
executive summary of each issue to no more than 450 words, not
including citations. We intend to use the executive summaries as the
basis of the comment summaries included in the issues and decision
memorandum that will accompany the final results in this administrative
review. We request that interested parties include footnotes for
relevant citations in the executive summary of each issue. Note that
Commerce has amended certain of its requirements pertaining to the
service of documents in 19 CFR 351.303(f).\22\
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\21\ We use the term ``issue'' here to describe an argument that
Commerce would normally address in a comment of the Issues and
Decision Memorandum.
\22\ See APO and Service Procedures.
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Pursuant to 19 CFR 351.310(c), interested parties who wish to
request a hearing must submit a written request to the Assistant
Secretary for Enforcement and Compliance, filed electronically via
ACCESS by 5:00 p.m. Eastern Time within 30 days after the date of
publication of this notice. Requests should contain: (1) the requesting
party's name, address, and telephone number; (2) the number of
participants and whether any of the participants are foreign nationals;
and (3) a list of issues to be discussed. Oral presentations at the
hearing will be limited to those raised in the respective case briefs.
If a request for a hearing is made, Commerce will inform parties of the
scheduled date for the hearing.\23\
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\23\ See 19 CFR 351.310(d).
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Assessment Rates
In accordance with 19 CFR 351.221(b)(4)(i), we preliminarily
assigned subsidy rates in the amounts shown above for the producers/
exporters shown above. Upon completion of the administrative review,
consistent with section 751(a)(1) of the Act and 19 CFR 351.212(b)(2),
Commerce shall determine, and CBP shall assess, countervailing duties
on all appropriate entries covered by this review, for the above-listed
companies.
For the companies for which this review is rescinded, Commerce will
instruct CBP to assess countervailing duties on all appropriate entries
at a rate equal to the cash deposit of estimated countervailing duties
required at the time of entry, or withdrawal from warehouse, for
consumption, during the period January 1, 2024, through December 31,
2024, in accordance with 19 CFR 351.212(c)(l)(i). We intend to issue
assessment instructions to CBP no earlier than 35 days after the date
of publication of this notice in the Federal Register.
For the companies remaining in the review, we intend 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
Pursuant to section 751(a)(2)(C) of the Act and 19 CFR 351.107(e),
Commerce intends to instruct CBP to collect cash deposits of estimated
countervailing duties with regard to shipments of subject merchandise
entered, or withdrawn from warehouse, for consumption on or after the
date of publication of the final results of this review, as follows:
(1) the cash deposit rate for POSCO Co., Ltd. will be equal to the
company-specific estimated individual countervailable subsidy rate
determined in the final results of this review, except if the rate is
less than 0.50 percent and, therefore, de minimis within the meaning of
19 CFR 351.106(c)(1), in which case the cash deposit rate will be zero;
(2) if both the producer and exporter of the subject merchandise have
company-specific estimated subsidy rates assigned, and their rates
differ, then the applicable cash deposit rate will be the higher of
these two rates; (3) if either the producer or the exporter, but not
both, of the subject merchandise has a company-specific estimated
subsidy rate assigned, the applicable cash deposit rate will be that
company's company-specific rate; and (4) the cash deposit rate for all
other producers and exporters will continue to be 3.72 percent, the
all-others subsidy rate established in the investigation.\24\ These
cash deposit instructions, when imposed, shall remain in effect until
further notice.
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\24\ See Certain Carbon and Alloy Steel Cut-To- Length Plate
from the Republic of Korea: Notice of Court Decision Not in Harmony
With Final Countervailing Duty Determination, and Notice of Amended
Final Countervailing Duty Determination, 84 FR 64459-60 (November
22, 2019).
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Final Results
Unless otherwise extended, we intend to issue the final results of
this administrative review, which will include the results of our
analysis of the issues raised in the case briefs, within 120 days of
publication of these
[[Page 50787]]
preliminary results in the Federal Register, pursuant to section
751(a)(3)(A) of the Act and 19 CFR 351.213(h).
Notification to Interested Parties
These preliminary results of review are issued and published in
accordance with sections 751(a)(1) and 777(i)(1) of the Act, and 19 CFR
351.213(d)(4) and 351.221(b)(4).
Dated: July 31, 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 I
List of Topics Discussed in the Preliminary Decision Memorandum
I. Summary
II. Background
III. Scope of the Order
IV. Diversification of Korea's Economy
V. Subsidies Valuation Information
VI. Benchmarks and Interest Rates
VII. Analysis of Programs
VIII. Recommendation
Appendix II
Companies for Which Commerce Is Rescinding the Review
1. Ajin Industrial Co., Ltd.
2. BDP International
3. Blue Track Equipment
4. Boxco
5. Boxco, Inc.
6. Bukook Steel Co., Ltd.
7. Buma CE Co., Ltd.
8. China Chengdu International Techno-Economic Cooperation Co., Ltd.
9. Daehan I.M. Co., Ltd.
10. Daehan Tex Co., Ltd.
11. Daeik Eng Co. Ltd.
12. Daelim Industrial Co., Ltd.
13. Daesam Industrial Co., Ltd.
14. Daesin Lighting Co., Ltd.
15. Daewoo International Corp.
16. Dong Yang Steel Pipe
17. DKC
18. DK Corporation
19. DK Dongshin Co., Ltd.
20. Dongbu Steel Co., Ltd.
21. Dongkuk Industries Co., Ltd.
22. Dongkuk Steel Mill Co., Ltd.
23. EAE Automotive Equipment
24. EEW KHPC Co., Ltd.
25. Eplus Expo Inc.
26. GS Global Corp.
27. Haem Co., Ltd.
28. Han Young Industries
29. Hyeon Dae Jong Hap Gong Gu Co. Ltd.
30. Hyosung Corp.
31. Hyundai Steel Co.
32. Jinmyung Frictech Co., Ltd.
33. Khana Marine Ltd.
34. Kindus Inc.
35. Korean Iron and Steel Co., Ltd.
36. Kyoungil Precision Co., Ltd.
37. LG Electronics Inc.
38. Menics
39. Qian'an Rentai Metal Products Co., Ltd.
40. Samjin Lnd Co., Ltd.
41. Samsun C&T Corp.
42. Samsung
43. Samsung Electronics Co., Ltd.
44. Shinko
45. Shipping Imperial Co., Ltd.
46. Sinchang Eng Co., Ltd.
47. SK Networks Co., Ltd.
48. SNP Ltd.
49. Seogio O/A
50. Steel N People Ltd.
51. Summit Industry
52. Sungjin Co., Ltd.
53. Wonbang Tech Co., Ltd.
54. Young Sun Steel
[FR Doc. 2026-16017 Filed 8-5-26; 8:45 am]
BILLING CODE 3510-DS-P
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