US Department of Commerce Preliminarily Determines Hyundai is Successor-in-Interest to INI Steel Company for Stainless Steel Sheet and Strip in Coils from the Republic of Korea

Summary

The US Department of Commerce initiated a changed circumstances review of the countervailing duty order on stainless steel sheet and strip in coils from the Republic of Korea, following a request from Hyundai Steel Company, which claims to be the successor-in-interest to INI Steel Company, and has preliminarily determined that Hyundai is indeed the successor-in-interest, with INI's current cash deposit rate to apply to entries of subject merchandise made by Hyundai.