South Korea Carbon Steel Plate: Final Results of CV Admin Review
The Commerce Department issued the final results of its countervailing duty administrative review on cut-to-length carbon-quality steel plate from South Korea (C-580-837). The agency calculated new CV duty cash deposit rates for four South Korean companies. These final results will be used to set final assessments of CV duties on importers for entries in calendar year 2019.
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New Cash Deposit Rates Take Effect Jan. 3
New CV duty cash deposit rates for the producers and exporters still subject to his review take effect Jan. 3, 2022, the date these final results are set for publication in the Federal Register. The new rates, which will also apply for importer assessment purposes, are as follows:
| Producer/Exporter | CV Rate |
|---|---|
| Dongkuk Steel Mill Co., Ltd. | 0.56% |
| Hyundai Steel Company | 0.56% |
| BDP International | 0.56% |
| Sung Jin Steel Co., Ltd. | 0.56% |
For exporters of subject merchandise that aren't under review (i.e., all except the four companies listed above), cash deposit rates remain at the level set in the most recent review of each respective company. If the exporter has never been assigned its own CV rate but the manufacturer has, the rate assigned to the manufacturer applies. For merchandise manufactured and exported by companies that have never been assigned a cash deposit rate by Commerce, the all-others rate applies.
(The review period is 01/01/19 - 12/31/19. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2106290026 for a summary of the preliminary results of this administrative review.)