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    Government/Policy

    October 4, 2022

    Commerce Revises Hyundai Steel’s CVD on Hot-Rolled Flats

    Written by Laura Miller

    The US Department of Commerce has slightly adjusted Hyundai Steel’s countervailing duty (CVD) on its shipments of hot-rolled steel flats to the US.

    The adjustment comes after Hyundai challenged Commerce’s results of the 2017 administrative review of the duties at the US Court of International Trade (CIT). The CIT agreed with Hyundai that Commerce had miscalculated its subsidy rate of 0.51%.

    Laura Miller

    Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

    Read more from Laura Miller

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