US Ups Subsidy On Essar Hot-Rolled Steel Imports

Law360, New York (July 15, 2010, 7:11 PM EDT) -- The U.S. Department of Commerce said Thursday that Essar Steel Ltd. received an ad valorem Indian government subsidy of 23.64 percent on imports of certain hot-rolled carbon steel flat products — a higher subsidy than previously determined — in a case on remand from the U.S. Court of International Trade.

The department filed the results with the court after Judge Judith M. Barzilay told the department in an order in December to revisit its previous findings. Essar and U.S. Steel Corp. filed two lawsuits challenging the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.