US to decide on anti-subsidy tariffs on POSCO this week

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POSCO is nervously waiting for a decision by the U.S. Department of Commerce (DOC) on anti-subsidy tariffs on the Korean steelmaker’s cut-to-length (CTL) plates, March 30. Last September, the DOC calculated a preliminary subsidy rate of merely 0.62 percent for POSCO plates. But the rate may skyrocket in a final...

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