Notice2024-15332
Carbon and Alloy Steel Threaded Rod From the People's Republic of China: Final Results of Countervailing Duty Administrative Review; 2022
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
July 12, 2024
Issuing agencies
Commerce DepartmentInternational Trade Administration
Abstract
The U.S. Department of Commerce (Commerce) determines that certain producers and exporters of carbon and alloy steel threaded rod (steel threaded rod) from the People's Republic of China (China) received countervailable subsidies during the period of review (POR) January 1, 2022, through December 31, 2022.
Full Text
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<title>Federal Register, Volume 89 Issue 134 (Friday, July 12, 2024)</title>
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[Federal Register Volume 89, Number 134 (Friday, July 12, 2024)]
[Notices]
[Pages 57131-57132]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-15332]
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DEPARTMENT OF COMMERCE
International Trade Administration
[C-570-105]
Carbon and Alloy Steel Threaded Rod From the People's Republic of
China: Final Results of Countervailing Duty Administrative Review; 2022
AGENCY: Enforcement and Compliance, International Trade Administration,
Department of Commerce.
SUMMARY: The U.S. Department of Commerce (Commerce) determines that
certain producers and exporters of carbon and alloy steel threaded rod
(steel threaded rod) from the People's Republic of China (China)
received countervailable subsidies during the period of review (POR)
January 1, 2022, through December 31, 2022.
DATES: Applicable July 12, 2024.
FOR FURTHER INFORMATION CONTACT: Bryan Hansen or Thomas Schauer, AD/CVD
Operations, Office I, Enforcement and Compliance, International Trade
Administration, U.S. Department of Commerce, 1401 Constitution Avenue
NW, Washington, DC 20230; telephone: (202) 482-3683 or (202) 482-0410,
respectively.
SUPPLEMENTARY INFORMATION:
Background
On April 9, 2020, Commerce published in the Federal Register the
countervailing duty order on steel threaded rod from China.\1\ On April
3, 2024, Commerce published the preliminary results of the 2022
administrative review of the Order and invited comments from interested
parties.\2\ For a complete description of the events that occurred
since the Preliminary Results, see the Issues and Decision
Memorandum.\3\
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\1\ See Carbon and Alloy Steel Threaded Rod from India and the
People's Republic of China: Countervailing Duty Orders, 85 FR 19927
(April 9, 2020) (Order).
\2\ See Carbon and Alloy Steel Threaded Rod from the People's
Republic of China: Preliminary Results and Partial Rescission of the
Countervailing Duty Administrative Review; 2022, 89 FR 22999 (April
3, 2024) (Preliminary Results), and accompanying Preliminary
Decision Memorandum (PDM).
\3\ See Memorandum, ``Issues and Decision Memorandum for the
Final Results of the Administrative Review of the Countervailing
Duty Order on Carbon and Alloy Steel Threaded Rod from the People's
Republic of China; 2022,'' 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 the Order is steel threaded rod from China.
For a full description of the scope of the Order, see the Issues and
Decision Memorandum.
Analysis of Comments Received
All issues raised by Ningbo Zhenghai Yongding Fastener Co., Ltd.,
in its case brief, are addressed in the Issues and Decision
Memorandum.\4\ A list of the issues raised is attached 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="https://access.trade.gov">https://access.trade.gov</a>. In addition, a complete version of the Issues and
Decision Memorandum can be accessed directly at <a href="https://access.trade.gov/public/FRNoticesListLayout.aspx">https://access.trade.gov/public/FRNoticesListLayout.aspx</a>.
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\4\ No other interested parties filed a case or rebuttal brief.
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Changes Since the Preliminary Results
Based on our analysis of comments received and the evidence on the
record, we made certain changes to the calculations of Ningbo Zhenghai
Yongding Fastener Co., Ltd.'s benefits for three programs: (1)
provision of wire rod at less than adequate remuneration (LTAR); (2)
provision of steel bar at LTAR; and (3) provision of electricity at
LTAR. For a discussion of these changes, see the Issues and Decision
Memorandum.
Methodology
Commerce conducted this administrative 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 to be countervailable, we
determine 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 full description of the
methodology underlying Commerce's conclusions, including our reliance,
in part, on facts otherwise available with adverse inferences pursuant
to sections 776(a) and (b) of the Act, 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 Review
We find the following net countervailable subsidy rates for the
period January 1, 2022, through December 31, 2022:
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\6\ As discussed in the Preliminary Results PDM, Commerce has
found Ningbo Yongzan Machinery Parts Co., Ltd. to be cross-owned
with Ningbo Zhenghai Yongding Fastener Co., Ltd.
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Subsidy Rate
Company (percent ad
valorem)
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Ningbo Zhenghai Yongding Fastener Co., Ltd.\6\.......... 7.66
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Disclosure
We intend to disclose the calculations performed for these final
results of review within five days after the date of publication of
this notice in the Federal Register in accordance with 19 CFR
351.224(b).
Assessment
In accordance with section 751(a)(2)(C) of the Act and 19 CFR
351.212(b)(2), Commerce has determined, and U.S. Customs and Border
Protection (CBP) shall assess, countervailing duties on all appropriate
entries covered by this review for Ningbo Zhenghai Yongding Fastener
Co., Ltd. at the applicable ad valorem assessment rate listed. Commerce
intends to issue assessment instructions to CBP no earlier than 35 days
after publication of the final results of this review in the Federal
Register. 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 Requirements
In accordance with section 751(a)(1) of the Act, Commerce also
intends to instruct CBP to collect cash deposits of estimated
countervailing duties in the amounts shown for the companies listed
above for shipments of subject merchandise entered, or withdrawn from
warehouse, for consumption on or after the date of publication of the
final results of this administrative review. For all non-reviewed
firms, we will instruct CBP to continue to collect cash deposits of
estimated countervailing duties at the
[[Page 57132]]
all-others rate (i.e., 41.17 percent) \7\ or the most recent company-
specific rate applicable to the company, as appropriate. These cash
deposit requirements, effective upon publication of these final
results, shall remain in effect until further notice.
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\7\ See Order, 85 FR at 19928.
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Administrative Protective Order
This notice also serves as a final reminder to parties subject to
an 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). 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 terms of an APO is a sanctionable
violation.
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: July 8, 2024.
Abdelali Elouaradia,
Deputy 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. Subsidies Valuation
V. Analysis of Programs
VI. Discussion of the Issues
Comment 1: Electricity Rate Benchmarks
Comment 2: Container Size for Benchmark Price for Wire Rod and
Steel Bar
Comment 3: Value-Added Tax (VAT) in the Wire Rod and Steel Bar
Prices
Comment 4: Ukrainian Benchmark Prices for Wire Rod
VII. Recommendation
[FR Doc. 2024-15332 Filed 7-11-24; 8:45 am]
BILLING CODE 3510-DS-P
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