Trade Cases

Commerce gives final CVD results on certain Korean CORE products
Written by Ethan Bernard
May 16, 2025
The US Commerce Department has provided the final results for the countervailing administrative review of certain corrosion-resistant steel products (CORE) from South Korea.
The period under review was Jan. 1, 2022, through Dec. 31, 2022. The results are applicable as of Friday.
The results include a partial rescission.
In a report in the Federal Register, Commerces said that, “Because there is no evidence on the record that SeAH Steel Corporation had entries, exports, or sales of subject merchandise during the Period of Review, and no party filed comments with respect to our preliminary determination regarding this company, we are rescinding this review with respect to SeAH Steel Corporation.”
Meanwhile, the administrative review for Posco International was not rescinded.
The preliminary results were announced by Commerce on Aug. 12 of last year. To see the entire document in the Federal Register, click here.
Final results of the review
Commerce said the following total net countervailable subsidy rates exist:

Ethan Bernard
Read more from Ethan BernardLatest in Trade Cases
Price on Trade: The foolishness of free trade with controlled economies
It was only a matter of time before a shutdown happened. And, no, we aren’t talking about the federal government’s lapse in appropriations. On Oct. 9, Beijing announced a series of restrictions that will effectively shut down exports of rare earth elements, magnets, and certain downstream products vital to advanced manufacturing.
Trump pulls plug on trade talks with Canada after anti-tariff Reagan ad
US President Donald Trump took to social media late Thursday night to announce he was canceling trade talks with Canada.
Leibowitz: Renewed trade war with China over rare earths
On Oct.10, President Trump announced major increases in tariffs on Chinese goods. The trigger was a new regime of export controls on rare earth metals and products using those elements, including magnets, capital equipment, and catalysts for catalytic converters in cars and trucks.
Industry piles on new Section 232 steel derivative inclusion requests
The Department of Commerce received 97 submissions from producers, manufacturers, and groups seeking Section 232 tariff coverage for steel and aluminum derivative products.
Price on Trade: New EU steel tariffs don’t mean the US should weaken its stance
Any steel imports into the EU that exceed the new, lower quota level would be subject to a 50% tariff, which represents a major increase from the EU’s current 25% out-of-quota tariff. This move would largely align the EU’s steel tariff rate with Canada and the United States.
