Certain Cut-to-Length Carbon-Quality Steel Plate from France: Notice of Court Decision and Suspension of Liquidation

Riepilogo

On September 24, 2002, in GTS Industries S.A. v. United States, Consol. Court No. 00-03-00118, Slip Op. 02-115 (CIT 2002), a lawsuit challenging the Department of Commerce's ("the Department's") Final Affirmative Countervailing Duty Determination: Certain Cut-to- Length Carbon-Quality Steel Plate from France, 64 FR 73277 (December 29, 1999) ("French Plate"), the Court of International Trade ("CIT") affirmed the Department's second remand redetermination and entered a judgment order. In this redetermination, the Department reviewed the record evidence regarding the facts and circumstances, including the terms of the sale, of the privatization of Usinor (which owned a majority interest in GTS Industries S.A. ("GTS") prior to 1996 and a minority interest during the period of investigation ("POI")), and concluded that no countervailable subsidies were attributable to GTS following the privatization transaction. As a result of the redetermination, the countervailable subsidy rate for the subject merchandise produced and sold by GTS during the POI was reduced from 6.86 percent to 0.00 percent ad valorem. This redetermination was not in harmony with the Department's original final determi