Certain Corrosion-Resistant Steel Products From the Republic of Korea: Final Results and Partial Rescission of Countervailing Duty Administrative Review; 2018, 29237-29239 [2021-11387]
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jbell on DSKJLSW7X2PROD with NOTICES
Federal Register / Vol. 86, No. 103 / Tuesday, June 1, 2021 / Notices
First, from the date of this Order until
November 13, 2029, Behzad
Pourghannad, with a last known address
prior to his conviction of NY11 AR
Gandi, Tehran, Iran, and when acting
for or on his behalf, his successors,
assigns, employees, agents or
representatives (‘‘the Denied Person’’),
may not directly or indirectly
participate in any way in any
transaction involving any commodity,
software or technology (hereinafter
collectively referred to as ‘‘item’’)
exported or to be exported from the
United States that is subject to the
Regulations, including, but not limited
to:
A. Applying for, obtaining, or using
any license, license exception, or export
control document;
B. Carrying on negotiations
concerning, or ordering, buying,
receiving, using, selling, delivering,
storing, disposing of, forwarding,
transporting, financing, or otherwise
servicing in any way, any transaction
involving any item exported or to be
exported from the United States that is
subject to the Regulations, or engaging
in any other activity subject to the
Regulations; or
C. Benefitting in any way from any
transaction involving any item exported
or to be exported from the United States
that is subject to the Regulations, or
from any other activity subject to the
Regulations.
Second, no person may, directly or
indirectly, do any of the following:
A. Export or reexport to or on behalf
of the Denied Person any item subject to
the Regulations;
B. Take any action that facilitates the
acquisition or attempted acquisition by
the Denied Person of the ownership,
possession, or control of any item
subject to the Regulations that has been
or will be exported from the United
States, including financing or other
support activities related to a
transaction whereby the Denied Person
acquires or attempts to acquire such
ownership, possession or control;
C. Take any action to acquire from or
to facilitate the acquisition or attempted
acquisition from the Denied Person of
any item subject to the Regulations that
has been exported from the United
States;
D. Obtain from the Denied Person in
the United States any item subject to the
Regulations with knowledge or reason
to know that the item will be, or is
intended to be, exported from the
United States; or
E. Engage in any transaction to service
any item subject to the Regulations that
has been or will be exported from the
United States and which is owned,
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possessed or controlled by the Denied
Person, or service any item, of whatever
origin, that is owned, possessed or
controlled by the Denied Person if such
service involves the use of any item
subject to the Regulations that has been
or will be exported from the United
States. For purposes of this paragraph,
servicing means installation,
maintenance, repair, modification or
testing.
Third, pursuant to Section 1760(e) of
the Export Control Reform Act (50
U.S.C. 4819(e)) and Sections 766.23 and
766.25 of the Regulations, any other
person, firm, corporation, or business
organization related to Pourghannad by
ownership, control, position of
responsibility, affiliation, or other
connection in the conduct of trade or
business may also be made subject to
the provisions of this Order in order to
prevent evasion of this Order.
Fourth, in accordance with Part 756 of
the Regulations, Pourghannad may file
an appeal of this Order with the Under
Secretary of Commerce for Industry and
Security. The appeal must be filed
within 45 days from the date of this
Order and must comply with the
provisions of Part 756 of the
Regulations.
Fifth, a copy of this Order shall be
delivered to Pourghannad and shall be
published in the Federal Register.
Sixth, this Order is effective
immediately and shall remain in effect
until November 13, 2029.
John Sonderman,
Director, Office of Export Enforcement.
[FR Doc. 2021–11431 Filed 5–28–21; 8:45 am]
BILLING CODE 3510–DT–P
DEPARTMENT OF COMMERCE
International Trade Administration
DATES:
29237
Applicable June 1, 2021.
FOR FURTHER INFORMATION CONTACT:
Myrna Lobo or Jun Jack Zhao, AD/CVD
Operations, Office VII, Enforcement and
Compliance, International Trade
Administration, U.S. Department of
Commerce, 1401 Constitution Avenue
NW, Washington, DC 20230; telephone:
(202) 482–2371 or (202) 482–1396,
respectively.
SUPPLEMENTARY INFORMATION:
Background
Commerce published the Preliminary
Results of this review on November 23,
2020.1 In addition, Commerce issued a
post-preliminary determination on the
electricity for less than adequate
remuneration allegation on April 26,
2021.2 For a description of the events
that occurred since the Preliminary
Results, see the Issues and Decision
Memorandum.3
On May 14, 2021, Commerce
extended the deadline for the final
results of this administrative review
until May 24, 2021.4
Scope of the Order
The products covered by this order
are certain corrosion-resistant steel
products. For a complete description of
the scope of this order, see 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
accompanying this notice. A list of the
issued raised by parties, and to which
Commerce responded in the Issues and
Decision Memorandum, is provided in
Appendix I 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
[C–580–879]
Certain Corrosion-Resistant Steel
Products From the Republic of Korea:
Final Results and Partial Rescission of
Countervailing Duty Administrative
Review; 2018
Enforcement and Compliance,
International Trade Administration,
Department of Commerce.
SUMMARY: The Department of Commerce
(Commerce) determines that
countervailable subsidies are being
provided to producers and exporters of
certain corrosion-resistant steel
products from the Republic of Korea.
The period of review (POR) is January
1, 2018, through December 31, 2018.
Commerce is also rescinding the review
with respect to certain companies.
AGENCY:
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1 See Certain Corrosion-Resistant Steel Products
from the Republic of Korea: Preliminary Results of
Countervailing Duty Administrative Review; 2018,
85 FR 74692 (November 23, 2020) (Preliminary
Results), and accompanying Preliminary Decision
Memorandum.
2 See Memorandum, ‘‘Countervailing Duty
Administrative Review of Certain CorrosionResistant Steel Products from the Republic of Korea:
Post-Preliminary Analysis Memorandum of
Electricity for Less than Adequate Remuneration,’’
dated April 26, 2021.
3 See Memorandum, ‘‘Issues and Decision
Memorandum for the Final Results of the 2018
Administrative Review of the Countervailing Duty
Order on Certain Corrosion-Resistant Steel Products
from the Republic of Korea,’’ (Issues and Decision
Memorandum, or IDM), dated concurrently with,
and hereby adopted by, this notice.
4 See Memorandum, ‘‘Certain Corrosion-Resistant
Steel Products from the Republic of Korea:
Extension of Deadline for Final Results of
Countervailing Duty Administrative Review,’’ dated
Mary 14, 2021.
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29238
Federal Register / Vol. 86, No. 103 / Tuesday, June 1, 2021 / Notices
Centralized Electronic Service System
(ACCESS). ACCESS is available to
registered users at https://
access.trade.gov. In addition, a complete
version of the Issues and Decision
Memorandum can be accessed directly
at https://enforcement.trade.gov/frn/.
Changes Since the Preliminary Results
Based on the comments received and
record evidence, we made certain
changes to the Preliminary Results with
respect to the net subsidy calculated for
Dongbu Steel Co., Ltd./Dongbu Incheon
Steel Co., Ltd. (Dongbu), and for
companies not selected for individual
review. These changes are explained in
the Issues and Decision Memorandum.
Partial Rescission of Review
We received no comments regarding
the no shipments claims with respect to
Nippon Steel Sales Vietnam Co., Ltd.
(NSSVC), Hoa Sen Group (HSG), and
Ton Dong A Corporation (TDA) since
the Preliminary Results. Further, we
have analyzed the questionnaire
responses submitted by the respondents
to Commerce since the Preliminary
Results and determined that the record
contains no information that calls into
question a finding of no shipments.
Therefore, we are rescinding this review
with respect to NSSVC, HSG, and TDA.
calculated for Dongbu and Hyundai
Steel Company (Hyundai Steel) are
above de minimis and not based entirely
on facts available, we applied a subsidy
rate based on the weighted-average of
the subsidy rates calculated for Dongbu
and Hyundai Steel using publicly
ranged sales data submitted by the
respondents.5 This is consistent with
the methodology that we would use in
an investigation to establish the allothers rate, pursuant to section
705(c)(5)(A) of the Tariff Act of 1930, as
amended (the Act).
Companies Not Selected for Individual
Review
For the companies not selected for
individual review, because the rates
We determine that, for the period
January 1, 2018 through December 31,
2018, the following total estimated net
countervailable subsidy rates exist:
Final Results of Administrative Review
Subsidy rate
(percent ad
valorem)
Company
Dongbu Steel Co., Ltd./Dongbu Incheon Steel Co., Ltd ...............................................................................................................
Hyundai Steel Company ................................................................................................................................................................
Non-Selected Companies Under Review 6 ....................................................................................................................................
Assessment Rate
Pursuant to 19 CFR 351.212(b)(2),
Commerce will determine, and U.S.
Customs and Border Protection (CBP)
shall assess, countervailing duties on all
appropriate entries of subject
merchandise in accordance with the
final results of this review, for the
above-listed companies at the applicable
ad valorem assessment rates listed.
Consistent with its recent notice,7
Commerce intends to issue assessment
instructions to CBP no earlier than 35
days after the date of publication of the
final results of this review in the
Federal Register. Further, for companies
for which the review has been
rescinded, we intend to instruct CBP to
liquidate such entries at the cash
deposit rate required at the time of
entry. If a timely summons is filed at the
U.S. Court of International Trade, the
assessment instructions will direct CBP
not to liquidate relevant entries until the
time for parties to file a request for a
statutory injunction has expired (i.e.,
within 90 days of publication).
Cash Deposit Rates
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In accordance with section 751(a)(1)
of the Act, Commerce intends to instruct
CBP to collect cash deposits of
5 With two respondents under review, Commerce
normally calculates: (A) A weighted-average of the
estimated subsidy rates calculated for the examined
respondents; (B) a simple average of the estimated
subsidy rates calculated for the examined
respondents; and (C) a weighted-average of the
estimated subsidy rates calculated for the examined
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6.83
0.51
3.11
Federal Register, in accordance with 19
CFR 351.224(b).
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).
estimated countervailing duties in the
amounts shown for each of the
respective companies listed above. For
all non-reviewed firms, we will instruct
CBP to continue to collect cash deposits
of estimated countervailing duties at the
most recent company-specific or allothers rate applicable to the company,
as appropriate. These cash deposits,
when imposed, shall remain in effect
until further notice.
Dated: May 24, 2021.
Christian Marsh,
Acting Assistant Secretary for Enforcement
and Compliance.
Administrative Protective Order
Appendix I
This notice also serves as a final
reminder to parties subject to
administrative protective order (APO) of
their responsibility concerning the
return or destruction of proprietary
information disclosed under APO in
accordance with 19 CFR 351.305(a)(3).
Timely written notification of the
return/destruction of APO materials or
conversion to judicial protective order is
hereby requested. Failure to comply
with the regulations and terms of an
APO is a sanctionable violation.
List of Topics Discussed in the Issues and
Decision Memorandum
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
respondents using each company’s publicly ranged
U.S. sales values for the merchandise under
consideration. Commerce then compares (B) and (C)
to (A) and selects the rate closest to (A) as the most
appropriate rate for all other producers and
exporters.
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I. Summary
II. List of Issues
III. Background
IV. Changes Since the Preliminary Results
V. Scope of the Order
VI. Period of Review
VII. Rescission of Administrative Review, in
Part
VIII. Subsidies Valuation Information
IX. Analysis of Programs
X. Discussion of Comments
Comment 1: Whether Electricity for LTAR
Confers a Benefit
Comment 2: Whether Commerce’s
Determination that Port Usage Rights
Provides a Countervailable Benefit is
Unsupported by Evidence and Contrary
to Law
6 See
Appendix II.
Notice of Discontinuation of Policy to Issue
Liquidation Instructions After 15 Days in
Applicable Antidumping and Countervailing Duty
Administrative Proceedings, 86 FR 3995 (January
15, 2021).
7 See
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Federal Register / Vol. 86, No. 103 / Tuesday, June 1, 2021 / Notices
Comment 3: Whether Commerce
Incorrectly Countervailed the Reduction
for Sewerage Usage Fees
Comment 4: Whether the Restructuring of
Dongbu’s Existing Loans by GOKControlled Banks Provided a Financial
Contribution to Dongbu
Comment 5: Whether the Restructured
Loans Provided to Dongbu were Specific
Comment 6: Whether Commerce Should
Use the Interest Rates from Loans
Provided by Commercial Banks
Participating in the Creditor Bank
Committee as Benchmarks
Comment 7: Whether Dongbu Is
Equityworthy and the Debt-to-Equity
Swaps Should be Countervailed
Comment 8: Whether Commerce Correctly
Calculated the Benefit to Dongbu from
KDB Short-Term Discounted Loans for
Export Receivables Program
Comment 9: Whether Commerce Correctly
Calculated the Benefit from Dongbu
Steel’s Short-Term KRW Loans During
the POR
XI. Recommendation
[FR Doc. 2021–11387 Filed 5–28–21; 8:45 am]
BILLING CODE 3510–DS–P
DEPARTMENT OF COMMERCE
International Trade Administration
Initiation of Five-Year (Sunset)
Reviews
Appendix II
List of Non-Selected Companies
1. AJU Steel Co., Ltd.
2. Anjeon Tech
3. Benison Korea Transport
4. Core International
5. CS Global Logistics
6. Dai Yang Metal Co., Ltd.
7. GS Global Corp.
8. Hanwa (Korea) Co., Ltd.
9. Hebei Hongxing Auto Made
10. Integris
11. Jeongwha Polytech
12. Joo Sung Sea And AirCo., Ltd.
13. KC Tech
14. Kima Steel Corporation
15. Korea Clad Tech
16. Kyoungdo Steel Co., Ltd.
17. Market Connect Sales Services
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18. Milestone Korea Co., Ltd.
19. POSCO
20. POSCO Coated & Color Steel Co., Ltd.
21. POSCO Daewoo Corporation
22. POSCO International Corporation
23. Qingdao Wangbaoqiang
24. Roser Co., Ltd.
25. Samsung C&T Corporation
26. Sanglim Steel
27. SeAH Steel
28. Sejung Shipping Co., Ltd.
29. Seun Steel
30. Shandongsheng Cao Xian Yalu Mftd.
31. Sung A Steel
32. TCC Steel Co., Ltd.
33. Young Heung Iron and Steel Co., Ltd.
34. Young Steel Korea Co., Ltd.
35. Young Sun Steel Co.
Enforcement and Compliance,
International Trade Administration,
Department of Commerce.
SUMMARY: The Department of Commerce
(Commerce) is automatically initiating
the five-year reviews (Sunset Reviews)
of the antidumping duty (AD) and
countervailing duty (CVD) order(s) and
suspended investigation(s) listed below.
The International Trade Commission
(the ITC) is publishing concurrently
with this notice its notice of Institution
of Five-Year Reviews which covers the
same order(s) and suspended
investigation(s).
AGENCY:
DATES:
29239
Applicable (June 1, 2021).
FOR FURTHER INFORMATION CONTACT:
Commerce official identified in the
‘‘Initiation of Review’’ section below at
AD/CVD Operations, Enforcement and
Compliance, International Trade
Administration, U.S. Department of
Commerce, 1401 Constitution Avenue
NW, Washington, DC 20230. For
information from the ITC, contact Mary
Messer, Office of Investigations, U.S.
International Trade Commission at (202)
205–3193.
SUPPLEMENTARY INFORMATION:
Background
Commerce’s procedures for the
conduct of Sunset Reviews are set forth
in its Procedures for Conducting FiveYear (Sunset) Reviews of Antidumping
and Countervailing Duty Orders, 63 FR
13516 (March 20, 1998) and 70 FR
62061 (October 28, 2005). Guidance on
methodological or analytical issues
relevant to Commerce’s conduct of
Sunset Reviews is set forth in
Antidumping Proceedings: Calculation
of the Weighted-Average Dumping
Margin and Assessment Rate in Certain
Antidumping Duty Proceedings; Final
Modification, 77 FR 8101 (February 14,
2012).
Initiation of Review
In accordance with section 751(c) of
the Tariff Act of 1930, as amended (the
Act) and 19 CFR 351.218(c), we are
initiating the Sunset Reviews of the
following antidumping and
countervailing duty order(s) and
suspended investigation(s):
DOC case No.
ITC case No.
Country
Product
A–351–843 ....
A–570–029 ....
A–570–894 ....
Brazil ...........
China ...........
China ...........
Cold-Rolled Steel Flat Products (1st Review) ..........
Cold-Rolled Steel Flat Products (1st Review) ..........
Tissue Paper Products (3rd Review) ........................
Thomas Martin, (202) 482–3936.
Thomas Martin, (202) 482–3936.
Mary Kolberg, (202) 482–1785.
China ...........
China ...........
India ............
Italy .............
Japan ..........
South Korea
South Korea
Taiwan ........
United Kingdom.
India ............
Brazil ...........
China ...........
China ...........
India ............
India ............
Italy .............
South Korea
South Korea
Magnesium Metal (3rd Review) ................................
Corrosion-Resistant Steel Products (1st Review) ....
Cold-Rolled Steel Flat Products (1st Review) ..........
Corrosion-Resistant Steel Products (1st Review) ....
Cold-Rolled Steel Flat Products (1st Review) ..........
Cold-Rolled Steel Flat Products (1st Review) ..........
Corrosion-Resistant Steel Products (1st Review) ....
Corrosion-Resistant Steel Products (1st Review) ....
Cold-Rolled Steel Flat Products (1st Review) ..........
Mary Kolberg, (202) 482–1785.
Mary Kolberg, (202) 482–1785.
Thomas Martin, (202) 482–3936.
Mary Kolberg, (202) 482–1785.
Thomas Martin, (202) 482–3936.
Thomas Martin, (202) 482–3936.
Mary Kolberg, (202) 482–1785.
Mary Kolberg, (202) 482–1785.
Thomas Martin, (202) 482–3936.
Corrosion-Resistant Steel Products (1st Review) ....
Cold-Rolled Steel Flat Products (1st Review) ..........
Corrosion-Resistant Steel Products (1st Review) ....
Cold-Rolled Steel Flat Products (1st Review) ..........
Cold-Rolled Steel Flat Products (1st Review) ..........
Corrosion-Resistant Steel Products (1st Review) ....
Corrosion-Resistant Steel Products (1st Review) ....
Cold-Rolled Steel Flat Products (1st Review) ..........
Corrosion-Resistant Steel Products (1st Review) ....
Mary Kolberg, (202) 482–1785.
Mary Kolberg, (202) 482–1785.
Jacqueline Arrowsmith, (202) 482–5255.
Jacqueline Arrowsmith, (202) 482–5255.
Thomas Martin, (202) 482–3936.
Thomas Martin, (202) 482–3936.
Thomas Martin, (202) 482–3936.
Jacqueline Arrowsmith, (202) 482–5255.
Mary Kolberg, (202) 482–1785.
A–570–896
A–570–026
A–533–865
A–475–832
A–588–873
A–580–881
A–580–878
A–583–856
A–412–824
....
....
....
....
....
....
....
....
....
731–TA–1283
731–TA–1284
731–TA–
1070–B
731–TA–1071
731–TA–1274
731–TA–1285
731–TA–1276
731–TA–1286
731–TA–1287
731–TA–1277
731–TA–1278
731–TA–1290
A–533–863
C–351–844
C–570–027
C–570–030
C–533–866
C–533–864
C–475–833
C–580–882
C–580–879
....
....
....
....
....
....
....
....
....
731–TA–1275
701–TA–540
701–TA–534
701–TA–541
701–TA–542
701–TA–535
701–TA–536
701–TA–543
701–TA–537
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Commerce contact
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Agencies
[Federal Register Volume 86, Number 103 (Tuesday, June 1, 2021)]
[Notices]
[Pages 29237-29239]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-11387]
-----------------------------------------------------------------------
DEPARTMENT OF COMMERCE
International Trade Administration
[C-580-879]
Certain Corrosion-Resistant Steel Products From the Republic of
Korea: Final Results and Partial Rescission of Countervailing Duty
Administrative Review; 2018
AGENCY: Enforcement and Compliance, International Trade Administration,
Department of Commerce.
SUMMARY: The Department of Commerce (Commerce) determines that
countervailable subsidies are being provided to producers and exporters
of certain corrosion-resistant steel products from the Republic of
Korea. The period of review (POR) is January 1, 2018, through December
31, 2018. Commerce is also rescinding the review with respect to
certain companies.
DATES: Applicable June 1, 2021.
FOR FURTHER INFORMATION CONTACT: Myrna Lobo or Jun Jack Zhao, AD/CVD
Operations, Office VII, Enforcement and Compliance, International Trade
Administration, U.S. Department of Commerce, 1401 Constitution Avenue
NW, Washington, DC 20230; telephone: (202) 482-2371 or (202) 482-1396,
respectively.
SUPPLEMENTARY INFORMATION:
Background
Commerce published the Preliminary Results of this review on
November 23, 2020.\1\ In addition, Commerce issued a post-preliminary
determination on the electricity for less than adequate remuneration
allegation on April 26, 2021.\2\ For a description of the events that
occurred since the Preliminary Results, see the Issues and Decision
Memorandum.\3\
---------------------------------------------------------------------------
\1\ See Certain Corrosion-Resistant Steel Products from the
Republic of Korea: Preliminary Results of Countervailing Duty
Administrative Review; 2018, 85 FR 74692 (November 23, 2020)
(Preliminary Results), and accompanying Preliminary Decision
Memorandum.
\2\ See Memorandum, ``Countervailing Duty Administrative Review
of Certain Corrosion-Resistant Steel Products from the Republic of
Korea: Post-Preliminary Analysis Memorandum of Electricity for Less
than Adequate Remuneration,'' dated April 26, 2021.
\3\ See Memorandum, ``Issues and Decision Memorandum for the
Final Results of the 2018 Administrative Review of the
Countervailing Duty Order on Certain Corrosion-Resistant Steel
Products from the Republic of Korea,'' (Issues and Decision
Memorandum, or IDM), dated concurrently with, and hereby adopted by,
this notice.
---------------------------------------------------------------------------
On May 14, 2021, Commerce extended the deadline for the final
results of this administrative review until May 24, 2021.\4\
---------------------------------------------------------------------------
\4\ See Memorandum, ``Certain Corrosion-Resistant Steel Products
from the Republic of Korea: Extension of Deadline for Final Results
of Countervailing Duty Administrative Review,'' dated Mary 14, 2021.
---------------------------------------------------------------------------
Scope of the Order
The products covered by this order are certain corrosion-resistant
steel products. For a complete description of the scope of this order,
see 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 accompanying this notice. A list
of the issued raised by parties, and to which Commerce responded in the
Issues and Decision Memorandum, is provided in Appendix I 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
[[Page 29238]]
Centralized Electronic Service System (ACCESS). ACCESS is available to
registered users at https://access.trade.gov. In addition, a complete
version of the Issues and Decision Memorandum can be accessed directly
at https://enforcement.trade.gov/frn/.
Changes Since the Preliminary Results
Based on the comments received and record evidence, we made certain
changes to the Preliminary Results with respect to the net subsidy
calculated for Dongbu Steel Co., Ltd./Dongbu Incheon Steel Co., Ltd.
(Dongbu), and for companies not selected for individual review. These
changes are explained in the Issues and Decision Memorandum.
Partial Rescission of Review
We received no comments regarding the no shipments claims with
respect to Nippon Steel Sales Vietnam Co., Ltd. (NSSVC), Hoa Sen Group
(HSG), and Ton Dong A Corporation (TDA) since the Preliminary Results.
Further, we have analyzed the questionnaire responses submitted by the
respondents to Commerce since the Preliminary Results and determined
that the record contains no information that calls into question a
finding of no shipments. Therefore, we are rescinding this review with
respect to NSSVC, HSG, and TDA.
Companies Not Selected for Individual Review
For the companies not selected for individual review, because the
rates calculated for Dongbu and Hyundai Steel Company (Hyundai Steel)
are above de minimis and not based entirely on facts available, we
applied a subsidy rate based on the weighted-average of the subsidy
rates calculated for Dongbu and Hyundai Steel using publicly ranged
sales data submitted by the respondents.\5\ 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 Tariff Act of
1930, as amended (the Act).
---------------------------------------------------------------------------
\5\ With two respondents under review, Commerce normally
calculates: (A) A weighted-average of the estimated subsidy rates
calculated for the examined respondents; (B) a simple average of the
estimated subsidy rates calculated for the examined respondents; and
(C) a weighted-average of the estimated subsidy rates calculated for
the examined respondents using each company's publicly ranged U.S.
sales values for the merchandise under consideration. Commerce then
compares (B) and (C) to (A) and selects the rate closest to (A) as
the most appropriate rate for all other producers and exporters.
---------------------------------------------------------------------------
Final Results of Administrative Review
We determine that, for the period January 1, 2018 through December
31, 2018, the following total estimated net countervailable subsidy
rates exist:
------------------------------------------------------------------------
Subsidy rate
Company (percent ad
valorem)
------------------------------------------------------------------------
Dongbu Steel Co., Ltd./Dongbu Incheon Steel Co., Ltd. 6.83
Hyundai Steel Company................................ 0.51
Non-Selected Companies Under Review \6\.............. 3.11
------------------------------------------------------------------------
Assessment Rate
---------------------------------------------------------------------------
\6\ See Appendix II.
---------------------------------------------------------------------------
Pursuant to 19 CFR 351.212(b)(2), Commerce will determine, and U.S.
Customs and Border Protection (CBP) shall assess, countervailing duties
on all appropriate entries of subject merchandise in accordance with
the final results of this review, for the above-listed companies at the
applicable ad valorem assessment rates listed. Consistent with its
recent notice,\7\ Commerce intends to issue assessment instructions to
CBP no earlier than 35 days after the date of publication of the final
results of this review in the Federal Register. Further, for companies
for which the review has been rescinded, we intend to instruct CBP to
liquidate such entries at the cash deposit rate required at the time of
entry. If a timely summons is filed at the U.S. Court of International
Trade, the assessment instructions will direct CBP not to liquidate
relevant entries until the time for parties to file a request for a
statutory injunction has expired (i.e., within 90 days of publication).
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\7\ See Notice of Discontinuation of Policy to Issue Liquidation
Instructions After 15 Days in Applicable Antidumping and
Countervailing Duty Administrative Proceedings, 86 FR 3995 (January
15, 2021).
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Cash Deposit Rates
In accordance with section 751(a)(1) of the Act, Commerce intends
to instruct CBP to collect cash deposits of estimated countervailing
duties in the amounts shown for each of the respective companies listed
above. For all non-reviewed firms, we will instruct CBP to continue to
collect cash deposits of estimated countervailing duties at the most
recent company-specific or all-others rate applicable to the company,
as appropriate. These cash deposits, when imposed, shall remain in
effect until further notice.
Administrative Protective Order
This notice also serves as a final reminder to parties subject to
administrative protective order (APO) of their responsibility
concerning the return or destruction of proprietary information
disclosed under APO in accordance with 19 CFR 351.305(a)(3). Timely
written notification of the return/destruction of APO materials or
conversion to judicial protective order is hereby requested. Failure to
comply with the regulations and terms of an APO is a sanctionable
violation.
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).
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 24, 2021.
Christian Marsh,
Acting Assistant Secretary for Enforcement and Compliance.
Appendix I
List of Topics Discussed in the Issues and Decision Memorandum
I. Summary
II. List of Issues
III. Background
IV. Changes Since the Preliminary Results
V. Scope of the Order
VI. Period of Review
VII. Rescission of Administrative Review, in Part
VIII. Subsidies Valuation Information
IX. Analysis of Programs
X. Discussion of Comments
Comment 1: Whether Electricity for LTAR Confers a Benefit
Comment 2: Whether Commerce's Determination that Port Usage
Rights Provides a Countervailable Benefit is Unsupported by Evidence
and Contrary to Law
[[Page 29239]]
Comment 3: Whether Commerce Incorrectly Countervailed the
Reduction for Sewerage Usage Fees
Comment 4: Whether the Restructuring of Dongbu's Existing Loans
by GOK-Controlled Banks Provided a Financial Contribution to Dongbu
Comment 5: Whether the Restructured Loans Provided to Dongbu
were Specific
Comment 6: Whether Commerce Should Use the Interest Rates from
Loans Provided by Commercial Banks Participating in the Creditor
Bank Committee as Benchmarks
Comment 7: Whether Dongbu Is Equityworthy and the Debt-to-Equity
Swaps Should be Countervailed
Comment 8: Whether Commerce Correctly Calculated the Benefit to
Dongbu from KDB Short-Term Discounted Loans for Export Receivables
Program
Comment 9: Whether Commerce Correctly Calculated the Benefit
from Dongbu Steel's Short-Term KRW Loans During the POR
XI. Recommendation
Appendix II
List of Non-Selected Companies
1. AJU Steel Co., Ltd.
2. Anjeon Tech
3. Benison Korea Transport
4. Core International
5. CS Global Logistics
6. Dai Yang Metal Co., Ltd.
7. GS Global Corp.
8. Hanwa (Korea) Co., Ltd.
9. Hebei Hongxing Auto Made
10. Integris
11. Jeongwha Polytech
12. Joo Sung Sea And AirCo., Ltd.
13. KC Tech
14. Kima Steel Corporation
15. Korea Clad Tech
16. Kyoungdo Steel Co., Ltd.
17. Market Connect Sales Services
18. Milestone Korea Co., Ltd.
19. POSCO
20. POSCO Coated & Color Steel Co., Ltd.
21. POSCO Daewoo Corporation
22. POSCO International Corporation
23. Qingdao Wangbaoqiang
24. Roser Co., Ltd.
25. Samsung C&T Corporation
26. Sanglim Steel
27. SeAH Steel
28. Sejung Shipping Co., Ltd.
29. Seun Steel
30. Shandongsheng Cao Xian Yalu Mftd.
31. Sung A Steel
32. TCC Steel Co., Ltd.
33. Young Heung Iron and Steel Co., Ltd.
34. Young Steel Korea Co., Ltd.
35. Young Sun Steel Co.
[FR Doc. 2021-11387 Filed 5-28-21; 8:45 am]
BILLING CODE 3510-DS-P