US sets lower subsidies on South Korean plate

The United States Department of Commerce has again found that imports of steel plate from South Korea are subsided by the home government, but this time the countervailing rate has been set at just 0.5%.

The South Korean government provides subsides to producers and exporters of carbon and alloy steel cut-to-length plate, Commerce said in a preliminary determination published on Monday July 27.  The sole mandatory...

Published

Dom Yanchunas

July 28, 2020

21:00 GMT

New York