South Korea CTL Steel Plate: Prelim Results of CV Admin Review and New Shipper Review

The Commerce Department issued the preliminary results of its countervailing duty administrative review and new shipper review on cut-to-length carbon-quality steel plate from South Korea (C-580-837) (here). The agency preliminarily calculated zero percent CV duty rates for the only two companies under review, Dongkuk Steel Mill Co., Ltd. and Hyundai Steel Company. If the agency's findings are continued in the final results of these reviews, importers of subject merchandise from Dongkuk or Hyundai entered in calendar year 2014 will not be assessed CV duties, and future entries from Dongkuk or Hyundai will not be subject to an CV cash deposit requirement until further notice. Any changes to rates for Dongkuk or Hyundai would take effect on the date of publication in the Federal Register of the final results of this review, due in July.