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Commerce Department Sentenced to Explain Korean Steel Tariffs

By Irene Hawkins
October 20, 2021
24
0


By Alyssa Aquino (Oct 20, 2021, 4:48 p.m. EDT) – The U.S. Department of Commerce must explain why it determined Korea’s steel market to be distorted during an annual review of oil-country tubular products, after the United States International Trade Court of Justice criticized the department for relying on outdated evidence.

The Commerce Department told CIT that SeAH Steel Corp. had benefited from government subsidies and other favorable market conditions in South Korea, offering evidence from the Korean government, previous steel trade investigations and dozens of newspaper articles.

But Judge Jennifer Choe-Groves agreed with SeAH on Tuesday that the evidence was not enough, as it largely discussed the grants Seoul had provided before or …

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