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]

Download as PDF 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, VerDate Sep<11>2014 18:20 May 28, 2021 Jkt 253001 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: PO 00000 Frm 00005 Fmt 4703 Sfmt 4703 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. E:\FR\FM\01JNN1.SGM 01JNN1 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 jbell on DSKJLSW7X2PROD with NOTICES 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 VerDate Sep<11>2014 18:20 May 28, 2021 Jkt 253001 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. PO 00000 Frm 00006 Fmt 4703 Sfmt 4703 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 E:\FR\FM\01JNN1.SGM 01JNN1 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 jbell on DSKJLSW7X2PROD with NOTICES 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 VerDate Sep<11>2014 18:20 May 28, 2021 Jkt 253001 PO 00000 Frm 00007 Fmt 4703 Sfmt 4703 Commerce contact E:\FR\FM\01JNN1.SGM 01JNN1

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).
---------------------------------------------------------------------------

    \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).
---------------------------------------------------------------------------

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
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