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The U.S. Department of Commerce has decided to cancel the administrative review of the antidumping duty order on certain steel plates from France for the period from May 1, 2023, to April 30, 2024. This decision came after it was confirmed that there were no entries of the steel plates from France during this period, which means there was nothing to review. Without any such entries, there aren’t any subjects for the review to assess and apply duties. Commerce will now direct U.S. Customs and Border Protection to assess duties on any relevant entries at the rates initially estimated when they were entered into the U.S. market.

The U.S. Department of Commerce found that POSCO Co., Ltd. from South Korea received unfair government subsidies during 2022. These subsidies helped POSCO with financial benefits specific to them. The Department of Commerce analyzed and revised POSCO's subsidy calculations from earlier reviews. As a result, the U.S. will apply countervailing duties to certain steel products from POSCO and related companies, and they will adjust cash deposit requirements for future imports accordingly.

The U.S. Department of Commerce announced that POSCO, the only exporter evaluated in this review, did not sell certain carbon and alloy steel cut-to-length plates from South Korea below their normal value from May 1, 2022, to April 30, 2023. This means POSCO was not found to be dumping these products in the U.S. market, leading to no additional duties imposed on their entries during this period. There were no comments from other parties on the preliminary results, and the details for assessing duties or refunds based on these findings will follow these final results. This decision and related instructions will apply to relevant products starting from the publication date of this notice.