US Department of Commerce Preliminarily Finds Hyundai Steel and POSCO Received Countervailable Subsidies

Summary

The US Department of Commerce has determined that Hyundai Steel Co., Ltd. and POSCO, two major steel producers from South Korea, received subsidies on their hot-rolled steel exports to the US during a review period from August 12, 2016, to December 31, 2016, and invites public comment on the preliminary results.