Notice2021-18370
Certain Hot-Rolled Steel Flat Products From the Republic of Korea: Final Results of Countervailing Duty Administrative Review; 2018
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
August 26, 2021
Issuing agencies
Commerce DepartmentInternational Trade Administration
Abstract
The Department of Commerce (Commerce) determines that countervailable subsidies are being provided to Hyundai Steel Co., Ltd. (Hyundai Steel), a producer and exporter of certain hot-rolled steel flat products (hot-rolled steel) from the Republic of Korea (Korea). The period of review (POR) is January 1, 2018, through December 31, 2018.
Full Text
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<title>Federal Register, Volume 86 Issue 163 (Thursday, August 26, 2021)</title>
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[Federal Register Volume 86, Number 163 (Thursday, August 26, 2021)]
[Notices]
[Pages 47621-47622]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-18370]
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DEPARTMENT OF COMMERCE
International Trade Administration
[C-580-884]
Certain Hot-Rolled Steel Flat Products From the Republic of
Korea: Final Results 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 Hyundai Steel Co., Ltd.
(Hyundai Steel), a producer and exporter of certain hot-rolled steel
flat products (hot-rolled steel) from the Republic of Korea (Korea).
The period of review (POR) is January 1, 2018, through December 31,
2018.
DATES: Applicable August 26, 2021.
FOR FURTHER INFORMATION CONTACT: Nathan James, AD/CVD Operations,
Office V, Enforcement and Compliance, International Trade
Administration, U.S. Department of Commerce, 1401 Constitution Avenue
NW, Washington, DC 20230; telephone: (202) 482-5305.
SUPPLEMENTARY INFORMATION:
Background
Commerce published the Preliminary Results of this review on
February 22,
[[Page 47622]]
2021.\1\ On June 8, 2021, Commerce extended the deadline for the final
results of this administrative review until August 20, 2021.\2\ On June
24, 2021, Commerce issued a post-preliminary analysis relating to an
electricity for less than adequate remuneration allegation.\3\ For a
description of the events that occurred since the Preliminary Results,
see the Issues and Decision Memorandum.\4\
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\1\ See Certain Hot-Rolled Steel Flat Products from the Republic
of Korea: Preliminary Results of Countervailing Duty Administrative
Review; 2018, 86 FR 10533 (February 22, 2021) (Preliminary Results),
and accompanying Preliminary Decision Memorandum.
\2\ See Memorandum, ``Certain Hot-Rolled Steel Flat Products
from the Republic of Korea: Extension of Deadline for Final Results
of Countervailing Duty Administrative Review,'' dated June 8, 2021.
\3\ See Memorandum, ``Countervailing Duty Administrative Review
of Certain Hot-Rolled Steel Flat Products from the Republic of
Korea: Post-Preliminary Analysis Memorandum--Electricity for Less
Than Adequate Remuneration,'' dated June 25, 2021 (Post-Preliminary
Analysis).
\4\ See Memorandum, ``Issues and Decision Memorandum for the
Final Results of the 2018 Administrative Review of the
Countervailing Duty Order on Certain Hot-Rolled Steel Flat Products
from the Republic of Korea,'' dated concurrently with, and hereby
adopted by, this notice (Issues and Decision Memorandum).
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Scope of the Order
The product covered by this order is hot-rolled steel. For a
complete description of the scope of this order, see the Issues and
Decision Memorandum.
Analysis of Comments Received
We addressed all issues raised in interested parties' case briefs
in the Issues and Decision Memorandum accompanying this notice. A list
of the issues raised by parties, to which Commerce responded in the
Issues and Decision Memorandum, is provided as an 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 <a href="http://access.trade.gov">http://access.trade.gov</a>. In
addition, a complete version of the Issues and Decision Memorandum can
be accessed directly at <a href="http://enforcement.trade.gov/frn/">http://enforcement.trade.gov/frn/</a>.
Changes Since the Preliminary Results
After evaluating the comments received from interested parties and
record information, we have made no changes to the net subsidy rate
calculated for Hyundai Steel. For a discussion of these comments, see
the Issues and Decision Memorandum.
Methodology
Commerce conducted this review in accordance with section
751(a)(1)(A) of the Tariff Act of 1930, as amended (the Act). For each
of the subsidy programs found countervailable, we find that there is a
subsidy, i.e., a government-provided financial contribution that gives
rise to a benefit to the recipient, and that the subsidy is
specific.\5\ For a description of the methodology underlying all of
Commerce's conclusions, see the Issues and Decision Memorandum.
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\5\ See sections 771(5)(B) and (D) of the Act regarding
financial contribution; section 771(5)(E) of the Act regarding
benefit; and section 771(5A) of the Act regarding specificity.
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Final Results of Administrative Review
We determine that, for the period January 1, 2018, through December
31, 2018, the following net countervailable subsidy rate exists:
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Subsidy rate
Company (percent ad
valorem)
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Hyundai Steel Co., Ltd.................................. 0.51
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Disclosure
No changes were made to the calculations since the Preliminary
Results and Post-Preliminary Analysis; therefore, there are no
calculations to release for Hyundai Steel.
Assessment Rate
Pursuant to section 751(a)(1) of the Act and 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 Hyundai Steel at the applicable ad valorem assessment rate
listed. 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.\6\ 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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\6\ 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)(2)(C) of the Act, Commerce
intends to instruct CBP to collect cash deposits of estimated
countervailing duties in the amounts shown for the company 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.
Notice 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: August 20, 2021.
Ryan Majerus,
Deputy Assistant Secretary for Policy and Negotiations.
Appendix--List of Topics Discussed in the Issues and Decision
Memorandum
I. Summary
II. List of Issues
III. Background
IV. Scope of the Order
V. Period of Review
VI. Subsidies Valuation Information
VII. Analysis of Programs
VIII. Discussion of Comments
Comment 1: Whether Electricity for LTAR Confers a Benefit
Comment 2: Whether Commerce Properly Countervailed the Port
Usage Rights Program
Comment 3: Whether the Reduction for Sewerage Usage Fees Is
Countervailable
IX. Recommendation
[FR Doc. 2021-18370 Filed 8-25-21; 8:45 am]
BILLING CODE 3510-DS-P
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