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CIT Grants Nucor's Bid to Dismiss Suit on Korean Electricity Provision

The Court of International Trade granted countervailing duty petitioner Nucor's bid to dismiss its case on the 2019 CVD administrative review on hot-rolled steel flat products from South Korea. Nucor claimed the Commerce Department erred by finding the South Korean…

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government's provision of electricity below cost conferred a non-measurable benefit. The company dismissed the case after having all parties sign a stipulation of dismissal (Nucor v. U.S., CIT # 22-00171).