Certain Cold-Rolled Steel Flat Products From the Republic of Korea: Final Results of Countervailing Duty Administrative Review, 2016, 24087-24089 [2019-10933]

Download as PDF Federal Register / Vol. 84, No. 101 / Friday, May 24, 2019 / Notices Non-Examined Companies’’ section, above. Consistent with Commerce’s assessment practice, for entries of subject merchandise during the POR produced by SeAH, NEXTEEL, or the non-examined companies for which the producer did not know that its merchandise was destined for the United States, we will instruct CBP to liquidate unreviewed entries at the allothers rate if there is no rate for the intermediate company(ies) involved in the transaction.15 As noted in the ‘‘Final Determination of No Shipments’’ section, above, Commerce will instruct CBP to liquidate any existing entries of merchandise produced by but exported by other parties, at the rate for the intermediate reseller, if available, or at the all-others rate. khammond on DSKBBV9HB2PROD with NOTICES Cash Deposit Requirements The following cash deposit requirements will be effective for all shipments of subject merchandise entered, or withdrawn from warehouse, for consumption on or after the publication date of the final results of this administrative review, as provided for by section 751(a)(2)(C) of the Act: (1) The cash deposit rates for the companies listed in these final results will be equal to the weighted-average dumping margins established in the final results of this review; (2) for merchandise exported by producers or exporters not covered in this review but covered in a prior segment of this proceeding, the cash deposit rate will continue to be the company-specific rate published for the most recently completed segment in which the company was reviewed; (3) if the exporter is not a firm covered in this review or the original less-than-fairvalue (LTFV) investigation, but the producer is, the cash deposit rate will be the rate established for the most recently completed segment of this proceeding for the producer of the subject merchandise; and (4) the cash deposit rate for all other producers or exporters will continue to be 5.24 percent,16 the all-others rate established in the LTFV investigation. These cash deposit requirements, when imposed, shall remain in effect until further notice. 15 For a full discussion of this practice, see Antidumping and Countervailing Duty Proceedings: Assessment of Antidumping Duties, 68 FR 23954 (May 6, 2003). 16 See Certain Oil Country Tubular Goods from the Republic of Korea: Notice of Court Decision Not in Harmony with Final Determination, 81 FR 59603 (August 30, 2016). VerDate Sep<11>2014 18:10 May 23, 2019 Jkt 247001 Notification to Importers This notice serves as a final reminder to importers of their responsibility under 19 CFR 351.402(f)(2) to file a certificate regarding the reimbursement of antidumping duties prior to liquidation of the relevant entries during this POR. Failure to comply with this requirement could result in Commerce’s presumption that reimbursement of antidumping duties occurred and the subsequent assessment of double antidumping duties. Notification to Interested Parties Regarding Administrative Protective Order This notice also serves as the only reminder to parties subject to administrative protective order (APO) of their responsibility concerning the disposition of proprietary information disclosed under APO in accordance with 19 CFR 351.305(a)(3), which continues to govern business proprietary information in this segment of the proceeding. Timely written notification of the return or destruction of APO materials or conversion to judicial protective order is hereby requested. Failure to comply with the regulations and the terms of an APO is a sanctionable violation. We are issuing and publishing this notice in accordance with sections 751(a)(1) and 777(i)(1) of the Act and 19 CFR 351.213(h). Dated: May 17, 2019. Jeffrey I. Kessler, Assistant Secretary for Enforcement and Compliance. Appendix I—List of Topics Discussed in the Issues and Decision Memorandum I. Summary II. Background III. Scope of the Order IV. Margin Calculations V. Rate for Non-Examined Companies VI. Discussion of the Issues General Issues Comment 1: Particular Market Situation Comment 2: Calculation of Constructed Value Profit Comment 3: Differential Pricing SeAH-Specific Issues Comment 4: Freight Revenue Cap Comment 5: Interest Income Offset Comment 6: Calculation of General and Administrative Expenses Incurred by SeAH’s U.S. Affiliate Comment 7: Treatment of Cost Variances for a Single Production Order Produced During POR and Non-POR Periods Comment 8: Inventory Valuation Loss Comment 9: Penalties Expense NEXTEEL-Specific Issues Comment 10: NEXTEEL–POSCO Affiliation PO 00000 Frm 00013 Fmt 4703 Sfmt 4703 24087 Comment 11: Resales of Subject Merchandise Comment 12: Non-Prime Products Comment 13: Warranty Expense Calculation Comment 14: Reported Grade Comment 15: Suspended Production Losses Comment 16: Coil Scrap Offset Comment 17: Pipe Scrap Offset VIII. Recommendation Appendix II—List of Companies Not Individually Examined AJU Besteel Co., Ltd. BDP International Daewoo International Corporation Daewoo America Dong-A Steel Co. Ltd. Dong Yang Steel Pipe Dongbu Incheon Steel DSEC Erndtebruecker Eisenwerk and Company Hansol Metal Husteel Co., Ltd. HYSCO Hyundai RB Hyundai Steel Co., Ltd. Hyundai Steel Company 17 ILJIN Steel Corporation Jim And Freight Co., Ltd. Kia Steel Co. Ltd. KSP Steel Company Kukje Steel Kurvers POSCO Daewoo Corporation POSCO Daewoo America Steel Canada Sumitomo Corporation TGS Pipe Yonghyun Base Materials ZEECO Asia [FR Doc. 2019–10935 Filed 5–23–19; 8:45 am] BILLING CODE 3510–DS–P DEPARTMENT OF COMMERCE International Trade Administration [C–580–882] Certain Cold-Rolled Steel Flat Products From the Republic of Korea: Final Results of Countervailing Duty Administrative Review, 2016 Enforcement and Compliance, International Trade Administration, Department of Commerce. SUMMARY: The Department of Commerce (Commerce) determines that Hyundai Steel Co., Ltd. (Hyundai Steel) and POSCO, producers and/or exporters of certain cold-rolled steel flat products AGENCY: 17 On September 21, 2016, Commerce published the final results of a changed circumstances review with respect to OCTG from Korea, finding that Hyundai Steel Corporation is the successor-ininterest to Hyundai HYSCO for purposes of determining antidumping duty cash deposits and liabilities. See Notice of Final Results of Antidumping Duty Changed Circumstances Review: Oil Country Tubular Goods from the Republic of Korea, 81 FR 64873 (September 21, 2016). Hyundai Steel Corporation is also known as Hyundai Steel Company and Hyundai Steel Co. Ltd. E:\FR\FM\24MYN1.SGM 24MYN1 24088 Federal Register / Vol. 84, No. 101 / Friday, May 24, 2019 / Notices (cold-rolled steel) from the Republic of Korea (Korea), received countervailable subsidies during the period of review (POR), July 29, 2016, through December 31, 2016. DATES: Applicable May 24, 2019. FOR FURTHER INFORMATION CONTACT: Yasmin Bordas or Tyler Weinhold, AD/ CVD Operations, Office VI, Enforcement and Compliance, International Trade Administration, U.S. Department of Commerce, 1401 Constitution Avenue NW, Washington, DC 20230; telephone: (202) 482–3813 and (202) 482–1121, respectively. SUPPLEMENTARY INFORMATION: Background Commerce published the preliminary results of this administrative review of cold-rolled steel from Korea on March 12, 2018.1 For a history of events that occurred since the Preliminary Results, see the Issues and Decision Memorandum.2 Commerce exercised its discretion to toll all deadlines affected by the partial federal government closure from December 22, 2018, through the resumption of operations on January 29, 2019.3 On March 13, 2019, Commerce extended the deadline for the final results of this administrative review. The revised deadline for the final results of this administrative review is now May 17, 2019.4 Commerce conducted this review in accordance with section 751(a) of the Tariff Act of 1930, as amended (the Act). khammond on DSKBBV9HB2PROD with NOTICES Scope of the Order The merchandise covered by the order is certain cold-rolled steel flat products. For a complete description of the scope of the order, see attachment to the Issues and Decision Memorandum. 1 See Certain Cold-Rolled Steel Flat Products from the Republic of Korea: Preliminary Results of Countervailing Duty Administrative Review, 2016, 83 FR 51446 (October 11, 2018) (Preliminary Results), and accompanying Preliminary Decision Memorandum. 2 See Memorandum, ‘‘Decision Memorandum for the Final Results of the Countervailing Duty Administrative Review, 2016: Certain Cold-Rolled Steel Flat Products from the Republic of Korea,’’ dated concurrently with this determination and hereby adopted by this notice (Issues and Decision Memorandum). 3 See Memorandum to the Record from Gary Taverman, Deputy Assistant Secretary for Antidumping and Countervailing Duty Operations, performing the non-exclusive functions and duties of the Assistant Secretary for Enforcement and Compliance, ‘‘Deadlines Affected by the Partial Shutdown of the Federal Government,’’ dated January 28, 2019. All deadlines in this segment of the proceeding have been extended by 40 days. 4 See Memorandum, ‘‘Certain Cold Rolled Steel Flat Products from the Republic of Korea: Extension of Deadline for Final Results of Countervailing Duty Administrative Review,’’ dated March 13, 2019. VerDate Sep<11>2014 18:10 May 23, 2019 Jkt 247001 Analysis of Comments Received All issues raised in interested parties’ case briefs are addressed in the Issues and Decision Memorandum. The issues are identified in the Appendix to this notice. The Issues and Decision Memorandum is a public document and is on file electronically via Enforcement and Compliance’s Antidumping and Countervailing Duty Centralized Electronic Service System (ACCESS). ACCESS is available to registered users at https://access.trade.gov and is available to all parties in the Central Records Unit, Room B8024 of the main Commerce building. In addition, a complete version of the Issues and Decision Memorandum can be accessed directly on the internet at http:// enforcement.trade.gov/frn/index.html. The signed and electronic versions of the Issues and Decision Memorandum are identical in content. Changes Since the Preliminary Results Based on the comments received from the interested parties and information received from Hyundai Steel after the Preliminary Results, we made changes to the net subsidy rates calculated for the mandatory respondents. For a discussion of these issues, see the Issues and Decision Memorandum. Companies Not Selected for Individual Review For the companies not selected for individual review, because the rates calculated for Hyundai Steel and POSCO were above de minimis and not based entirely on facts available, we applied a subsidy rate based on a weighted-average of the subsidy rates calculated for Hyundai Steel and POSCO using publicly ranged sales data submitted by the respondents. This is consistent with the methodology that we would use in an investigation to establish the all-others rate, pursuant to section 705(c)(5)(A) of the Act. Company Union Steel Co., Ltd ............. POSCO ................................. Hyundai Steel Co., Ltd ......... Dongbu Steel Co., Ltd .......... Dongbu Incheon Steel Co., Ltd ..................................... Dongkuk Steel Mill Co., Ltd .. Dongkuk Industries Co., Ltd Hyuk San Profile Co., Ltd ..... Taihan Electric Wire Co., Ltd PO 00000 Frm 00014 Fmt 4703 0.57 Disclosure Commerce intends to disclose the calculations performed for these final results of review within five days of the date of publication of this notice in the Federal Register, in accordance with 19 CFR 351.224(b). Assessment Rate Pursuant to 19 CFR 351.212(b)(2), Commerce intends to issue appropriate instructions to U.S. Customs and Border Protection (CBP) 15 days after publication of the final results of this review. We will instruct CBP to liquidate shipments of subject merchandise produced and/or exported by the companies listed above, entered, or withdrawn from warehouse for consumption, from July 29, 2016, through December 31, 2016, at the ad valorem rates listed above. Cash Deposit Requirements The following cash deposit requirements will be effective upon publication of the notice of final results of this administrative review for all shipments of the subject merchandise entered, or withdrawn from warehouse, for consumption on or after the date of publication, as provided by section 751(a)(2)(C) of the Act: (1) The cash deposit rate for the companies listed in these final results will be equal to the subsidy rates established in the final results of this review; (2) for all nonreviewed firms, we will instruct CBP to continue to collect cash deposits at the most-recent company-specific or allothers rate applicable to the company, as appropriate. These cash deposit requirements, when imposed, shall remain in effect until further notice. Notification Regarding Administrative Protective Order This notice also serves as a reminder to parties subject to administrative protective order (APO) of their responsibility concerning the disposition of proprietary information Subsidy rate disclosed under APO in accordance (percent ad with 19 CFR 351.305(a)(3), which valorem) continues to govern business 0.55 proprietary information in this segment 0.58 of the proceeding. Timely written 0.57 notification of the return or destruction of APO materials, or conversion to 0.57 0.57 judicial protective order is hereby 0.57 requested. Failure to comply with the 0.57 regulations and the terms of an APO is 0.57 a sanctionable violation. Final Results of Administrative Review We determine that, for the period of July 29, 2016, through December 31, 2016, the following total estimated net countervailable subsidy rates exist: Company Subsidy rate (percent ad valorem) Sfmt 4703 E:\FR\FM\24MYN1.SGM 24MYN1 Federal Register / Vol. 84, No. 101 / Friday, May 24, 2019 / Notices Notification to Interested Parties DEPARTMENT OF COMMERCE These final results are issued and published in accordance with sections 751(a)(1) and 777(i)(1) of the Act and 19 CFR 351.221(b)(5). International Trade Administration Dated: May 17, 2019. Jeffrey I. Kessler, Assistant Secretary for Enforcement and Compliance. I. Summary II. Background III. Scope of the Order IV. Period of Review V. Subsidies Valuation Information VI. Use of Facts Otherwise Available VII. Analysis of Programs VIII. Discussion of Comments Comment 1: Whether Commerce Should Apply AFA for POSCO and Hyundai Steel’s Failure to Retain AUL Records for Acquired Companies Comment 2: Whether POSCO Energy is POSCO’s Cross-Owned Input Supplier Comment 3: Whether to Treat POSCO Chemtech’s Deferred Tax Liabilities Under Restriction of Special Taxation Act (RSTA) Article 9 as an Interest-Free Contingent Liability Loan Comment 4: Which of POSCO’s Reported Benchmark Loans to Use as Benchmarks for POSCO’s KEXIM Loans Comment 5: Whether POSCO’s Equipment Loans from the KDB are Covered by the Previously Countervailed Program ‘‘Korea Development Bank (KDB) and Other Policy Banks’ Short-Term Discounted Loans for Export Receivables’’ Comment 6: Whether to Use the GOK Short-Term Bond Interest Rate or IMF Statistic as a Short-Term Interest Rate Benchmark for POSCO’s Short-Term KDB Loans Comment 7: Various Alleged Errors in the Preliminary Calculations for POSCO Comment 8: Whether Hyundai Green Power is Hyundai Steel’s Cross-Owned Input Supplier Comment 9: Whether Commerce Should Countervail Benefits Received by SPP Yulchon Energy Comment 10: Whether Suncheon Harbor Usage Fee Exemptions Under the Harbor Act Are Countervailable IX. Recommendation khammond on DSKBBV9HB2PROD with NOTICES BILLING CODE 3510–DS–P VerDate Sep<11>2014 18:10 May 23, 2019 Jkt 247001 Vertical Metal File Cabinets From the People’s Republic of China: Initiation of Countervailing Duty Investigation Enforcement and Compliance, International Trade Administration, Department of Commerce. DATES: Applicable May 20, 2019. FOR FURTHER INFORMATION CONTACT: Chien-Min Yang at (202) 482–5484, AD/ CVD Operations, Office VII, Enforcement and Compliance, International Trade Administration, U.S. Department of Commerce, 1401 Constitution Avenue NW, Washington, DC 20230. SUPPLEMENTARY INFORMATION: AGENCY: Appendix—List of Topics Discussed in the Issues and Decision Memorandum [FR Doc. 2019–10933 Filed 5–23–19; 8:45 am] [C–570–111] The Petition On April 30, 2019, the U.S. Department of Commerce (Commerce) received a countervailing duty (CVD) petition (Petition) concerning imports of vertical metal file cabinets (file cabinets) from the People’s Republic of China (China) filed in proper form on behalf of Hirsh Industries LLC (the petitioner).1 The CVD Petition was accompanied by an antidumping duty (AD) Petition concerning imports of file cabinets from China. Between May 2 and 15, 2019, Commerce requested supplemental information pertaining to certain aspects of the Petition.2 The petitioner filed responses to this request on May 6 and 16, 2019.3 1 See Petitioner’s Letter, ‘‘Vertical Metal File Cabinets from the People’s Republic of China— Petition for the Imposition of Antidumping and Countervailing Duties,’’ dated April 30, 2019 (the Petition). 2 See Commerce’s Letter, ‘‘Petitions for the Imposition of Antidumping and Countervailing Duties on Imports of Vertical Metal File Cabinets from the People’s Republic of China: Supplemental Questions,’’ dated May 2, 2019 (General Issues Supplemental Questionnaire); Petitioner’s Letter, ‘‘Petition for the Imposition of Countervailing Duties on Imports of Vertical Metal File Cabinets from the People’s Republic of China: Supplemental Questions,’’ dated May 2, 2019 (CVD Supplemental Questionnaire); see also Memoranda, ‘‘Phone Call with Counsel to the Petitioner,’’ dated May 8, 2019 (May 8, 2019 Memorandum); and, ‘‘Phone Calls with Counsel to the Petitioner,’’ dated May 15, 2019 (May 15, 2019 Memorandum).. 3 See Petitioner’s Letters, ‘‘Vertical Metal File Cabinets from the People’s Republic of China— Petitioner’s Supplement to Volume I Relating to General Issues,’’ dated May 6, 2019 (General Issues Supplement); ‘‘Vertical Metal File Cabinets from the People’s Republic of China: Petitioner’s Supplement to Volume III Relating to China Countervailing Duties,’’ dated May 6, 2019 (CVD Supplement); ‘‘Vertical Metal File Cabinets from the People’s Republic of China—Petitioner’s 2nd Supplement to Volume I Relating to General PO 00000 Frm 00015 Fmt 4703 Sfmt 4703 24089 In accordance with section 702(b)(1) of the Tariff Act of 1930, as amended (the Act), the petitioner alleges that the Government of China (GOC) is providing countervailable subsidies, within the meaning of sections 701 and 771(5) of the Act, to producers of file cabinets in China, and that such imports are materially injuring, or threatening material injury to, the domestic industry producing file cabinets in the United States. Consistent with section 702(b)(1) of the Act and 19 CFR 351.202(b), for those alleged programs on which we are initiating a CVD investigation, the Petition is accompanied by information reasonably available to the petitioner supporting its allegations. Commerce finds that the petitioner filed this Petition on behalf of the domestic industry because the petitioner is an interested party as defined in section 771(9)(C) of the Act. Commerce also finds that the petitioner demonstrated sufficient industry support with respect to the initiation of the requested CVD investigation.4 Period of Investigation Because the Petition was filed on April 30, 2019, the period of investigation (POI) is January 1, 2018, through December 31, 2018. Scope of the Investigation The merchandise covered by this investigation is file cabinets from China. For a full description of the scope of this investigation, see the Appendix to this notice. Comments on Scope of the Investigation During our review of the Petition, we contacted the petitioner regarding the proposed scope to ensure that the scope language in the Petition is an accurate reflection of the products for which the domestic industry is seeking relief.5 As a result, the scope of the Petition was modified to clarify the description of the merchandise covered by the Petition. The description of the merchandise covered by this investigation, as described in the Appendix to this notice, reflects these clarifications. As discussed in the Preamble to Commerce’s regulations, we are setting aside a period for interested parties to Issues,’’ dated May 9, 2019 (Second General Issues Supplement); and, ‘‘Vertical Metal File Cabinets from the People’s Republic of China—Petitioner’s 3rd Supplement to Volume I Relating to General Issues,’’ dated May 16, 2019 (Third General Issues Supplement). 4 See ‘‘Determination of Industry Support for the Petition’’ section, infra. 5 See General Issues Supplement; see also May 8, 2019 Memorandum; Second General Issues Supplement; May 15, 2019 Memorandum; Third General Issues Supplement. E:\FR\FM\24MYN1.SGM 24MYN1

Agencies

[Federal Register Volume 84, Number 101 (Friday, May 24, 2019)]
[Notices]
[Pages 24087-24089]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-10933]


-----------------------------------------------------------------------

DEPARTMENT OF COMMERCE

International Trade Administration

[C-580-882]


Certain Cold-Rolled Steel Flat Products From the Republic of 
Korea: Final Results of Countervailing Duty Administrative Review, 2016

AGENCY: Enforcement and Compliance, International Trade Administration, 
Department of Commerce.

SUMMARY: The Department of Commerce (Commerce) determines that Hyundai 
Steel Co., Ltd. (Hyundai Steel) and POSCO, producers and/or exporters 
of certain cold-rolled steel flat products

[[Page 24088]]

(cold-rolled steel) from the Republic of Korea (Korea), received 
countervailable subsidies during the period of review (POR), July 29, 
2016, through December 31, 2016.

DATES: Applicable May 24, 2019.

FOR FURTHER INFORMATION CONTACT: Yasmin Bordas or Tyler Weinhold, AD/
CVD Operations, Office VI, Enforcement and Compliance, International 
Trade Administration, U.S. Department of Commerce, 1401 Constitution 
Avenue NW, Washington, DC 20230; telephone: (202) 482-3813 and (202) 
482-1121, respectively.

SUPPLEMENTARY INFORMATION: 

Background

    Commerce published the preliminary results of this administrative 
review of cold-rolled steel from Korea on March 12, 2018.\1\ For a 
history of events that occurred since the Preliminary Results, see the 
Issues and Decision Memorandum.\2\
---------------------------------------------------------------------------

    \1\ See Certain Cold-Rolled Steel Flat Products from the 
Republic of Korea: Preliminary Results of Countervailing Duty 
Administrative Review, 2016, 83 FR 51446 (October 11, 2018) 
(Preliminary Results), and accompanying Preliminary Decision 
Memorandum.
    \2\ See Memorandum, ``Decision Memorandum for the Final Results 
of the Countervailing Duty Administrative Review, 2016: Certain 
Cold-Rolled Steel Flat Products from the Republic of Korea,'' dated 
concurrently with this determination and hereby adopted by this 
notice (Issues and Decision Memorandum).
---------------------------------------------------------------------------

    Commerce exercised its discretion to toll all deadlines affected by 
the partial federal government closure from December 22, 2018, through 
the resumption of operations on January 29, 2019.\3\ On March 13, 2019, 
Commerce extended the deadline for the final results of this 
administrative review. The revised deadline for the final results of 
this administrative review is now May 17, 2019.\4\
---------------------------------------------------------------------------

    \3\ See Memorandum to the Record from Gary Taverman, Deputy 
Assistant Secretary for Antidumping and Countervailing Duty 
Operations, performing the non-exclusive functions and duties of the 
Assistant Secretary for Enforcement and Compliance, ``Deadlines 
Affected by the Partial Shutdown of the Federal Government,'' dated 
January 28, 2019. All deadlines in this segment of the proceeding 
have been extended by 40 days.
    \4\ See Memorandum, ``Certain Cold Rolled Steel Flat Products 
from the Republic of Korea: Extension of Deadline for Final Results 
of Countervailing Duty Administrative Review,'' dated March 13, 
2019.
---------------------------------------------------------------------------

    Commerce conducted this review in accordance with section 751(a) of 
the Tariff Act of 1930, as amended (the Act).

Scope of the Order

    The merchandise covered by the order is certain cold-rolled steel 
flat products. For a complete description of the scope of the order, 
see attachment to the Issues and Decision Memorandum.

Analysis of Comments Received

    All issues raised in interested parties' case briefs are addressed 
in the Issues and Decision Memorandum. The issues are identified in the 
Appendix to this notice. The Issues and Decision Memorandum is a public 
document and is on file electronically via Enforcement and Compliance's 
Antidumping and Countervailing Duty Centralized Electronic Service 
System (ACCESS). ACCESS is available to registered users at https://access.trade.gov and is available to all parties in the Central Records 
Unit, Room B8024 of the main Commerce building. In addition, a complete 
version of the Issues and Decision Memorandum can be accessed directly 
on the internet at http://enforcement.trade.gov/frn/index.html. The 
signed and electronic versions of the Issues and Decision Memorandum 
are identical in content.

Changes Since the Preliminary Results

    Based on the comments received from the interested parties and 
information received from Hyundai Steel after the Preliminary Results, 
we made changes to the net subsidy rates calculated for the mandatory 
respondents. For a discussion of these issues, see the Issues and 
Decision Memorandum.

Companies Not Selected for Individual Review

    For the companies not selected for individual review, because the 
rates calculated for Hyundai Steel and POSCO were above de minimis and 
not based entirely on facts available, we applied a subsidy rate based 
on a weighted-average of the subsidy rates calculated for Hyundai Steel 
and POSCO using publicly ranged sales data submitted by the 
respondents. This is consistent with the methodology that we would use 
in an investigation to establish the all-others rate, pursuant to 
section 705(c)(5)(A) of the Act.

Final Results of Administrative Review

    We determine that, for the period of July 29, 2016, through 
December 31, 2016, the following total estimated net countervailable 
subsidy rates exist:

------------------------------------------------------------------------
                                                           Subsidy rate
                         Company                            (percent ad
                                                             valorem)
------------------------------------------------------------------------
POSCO...................................................            0.55
Hyundai Steel Co., Ltd..................................            0.58
Dongbu Steel Co., Ltd...................................            0.57
Dongbu Incheon Steel Co., Ltd...........................            0.57
Dongkuk Steel Mill Co., Ltd.............................            0.57
Dongkuk Industries Co., Ltd.............................            0.57
Hyuk San Profile Co., Ltd...............................            0.57
Taihan Electric Wire Co., Ltd...........................            0.57
Union Steel Co., Ltd....................................            0.57
------------------------------------------------------------------------

Disclosure

    Commerce intends to disclose the calculations performed for these 
final results of review within five days of the date of publication of 
this notice in the Federal Register, in accordance with 19 CFR 
351.224(b).

Assessment Rate

    Pursuant to 19 CFR 351.212(b)(2), Commerce intends to issue 
appropriate instructions to U.S. Customs and Border Protection (CBP) 15 
days after publication of the final results of this review. We will 
instruct CBP to liquidate shipments of subject merchandise produced 
and/or exported by the companies listed above, entered, or withdrawn 
from warehouse for consumption, from July 29, 2016, through December 
31, 2016, at the ad valorem rates listed above.

Cash Deposit Requirements

    The following cash deposit requirements will be effective upon 
publication of the notice of final results of this administrative 
review for all shipments of the subject merchandise entered, or 
withdrawn from warehouse, for consumption on or after the date of 
publication, as provided by section 751(a)(2)(C) of the Act: (1) The 
cash deposit rate for the companies listed in these final results will 
be equal to the subsidy rates established in the final results of this 
review; (2) for all non-reviewed firms, we will instruct CBP to 
continue to collect cash deposits at the most-recent company-specific 
or all-others rate applicable to the company, as appropriate. These 
cash deposit requirements, when imposed, shall remain in effect until 
further notice.

Notification Regarding Administrative Protective Order

    This notice also serves as a reminder to parties subject to 
administrative protective order (APO) of their responsibility 
concerning the disposition of proprietary information disclosed under 
APO in accordance with 19 CFR 351.305(a)(3), which continues to govern 
business proprietary information in this segment of the proceeding. 
Timely written notification of the return or destruction of APO 
materials, or conversion to judicial protective order is hereby 
requested. Failure to comply with the regulations and the terms of an 
APO is a sanctionable violation.

[[Page 24089]]

Notification to Interested Parties

    These final results are issued and published in accordance with 
sections 751(a)(1) and 777(i)(1) of the Act and 19 CFR 351.221(b)(5).

    Dated: May 17, 2019.
Jeffrey I. Kessler,
Assistant Secretary for Enforcement and Compliance.

Appendix--List of Topics Discussed in the Issues and Decision 
Memorandum

I. Summary
II. Background
III. Scope of the Order
IV. Period of Review
V. Subsidies Valuation Information
VI. Use of Facts Otherwise Available
VII. Analysis of Programs
VIII. Discussion of Comments
    Comment 1: Whether Commerce Should Apply AFA for POSCO and 
Hyundai Steel's Failure to Retain AUL Records for Acquired Companies
    Comment 2: Whether POSCO Energy is POSCO's Cross-Owned Input 
Supplier
    Comment 3: Whether to Treat POSCO Chemtech's Deferred Tax 
Liabilities Under Restriction of Special Taxation Act (RSTA) Article 
9 as an Interest-Free Contingent Liability Loan
    Comment 4: Which of POSCO's Reported Benchmark Loans to Use as 
Benchmarks for POSCO's KEXIM Loans
    Comment 5: Whether POSCO's Equipment Loans from the KDB are 
Covered by the Previously Countervailed Program ``Korea Development 
Bank (KDB) and Other Policy Banks' Short-Term Discounted Loans for 
Export Receivables''
    Comment 6: Whether to Use the GOK Short-Term Bond Interest Rate 
or IMF Statistic as a Short-Term Interest Rate Benchmark for POSCO's 
Short-Term KDB Loans
    Comment 7: Various Alleged Errors in the Preliminary 
Calculations for POSCO
    Comment 8: Whether Hyundai Green Power is Hyundai Steel's Cross-
Owned Input Supplier
    Comment 9: Whether Commerce Should Countervail Benefits Received 
by SPP Yulchon Energy
    Comment 10: Whether Suncheon Harbor Usage Fee Exemptions Under 
the Harbor Act Are Countervailable
IX. Recommendation

[FR Doc. 2019-10933 Filed 5-23-19; 8:45 am]
 BILLING CODE 3510-DS-P