CAFC Issues Mandate Sustaining Decision Not to Countervail Korean Electricity Provision

The U.S. Court of Appeals for the Federal Circuit issued its mandate in a case on the countervailing duty investigation on carbon and alloy steel cut-to-length plate from South Korea. In its opinion, the appellate court upheld the Commerce Department's finding that the Korean government didn't provide a countervailable benefit through its provision of electricity to respondents (see 2310230013). Commerce sufficiently carried out a less-than-adequate-remuneration analysis after the court rejected its original preferential rate analysis in 2019 (POSCO v. U.S., Fed. Cir. # 22-1525).