Final results of CVD review on structural steel beams from South Korea

Thursday, 08 September 2005 13:42:00 (GMT+3)   |  

Final results of CVD review on structural steel beams from South Korea

On May 2, 2005, the US Department of Commerce (DOC) initiated a sunset review of countervailing duty order on structural steel beams imported from South Korea. On the basis of adequate responses from domestic interested parties and inadequate responses from respondent interested parties, the DOC conducted an expedited (120-day) sunset review. As a result of this review, the DOC determined that the revocation of the countervailing duty order would likely lead to continuation or recurrence of a countervailable subsidy at the levels indicated below:

Producers                              Net countervailable   
                                             subsidy 
Kangwon Industries............................3.88 percent
Dongkuk Steel Mill Co, Ltd....................1.34 percent
All others....................................3.87 percent 

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