Market Segment
February 23, 2026
US makes small adjustments to Korean plate duties
Written by Laura Miller
The US Department of Commerce is adjusting the countervailing duties (CVDs) on steel plate imports from Korea.
The agency conducted an administrative review of the CVD order on cut-to-length carbon-quality steel plate.
For the 2023 calendar year, Commerce assigned a subsidy rate of 2.21% for Dongkuk Steel Mill and 1.31% for Hyundai Steel Co.
The subsidy rates have been slightly adjusted from the previous rates of 2.01% for Dongkuk and 2.21% for Hyundai, set for 2022.
A separate anti-dumping duty order on Korean plate is also in place. Both of the above-mentioned companies had a 0% dumping margin assigned in the most recent administrative review for 2023-24.
