Notice2024-23567
Raw Flexible Magnets From the People's Republic of China: Final Results of the Expedited Third Sunset Review of the Countervailing Duty Order
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
October 11, 2024
Issuing agencies
Commerce DepartmentInternational Trade Administration
Abstract
The U.S. Department of Commerce (Commerce) finds that revocation of the countervailing duty (CVD) order on raw flexible magnets from the People's Republic of China (China) would be likely to lead to continuation or recurrence of countervailable subsidies at the levels indicated in the "Final Results of the Sunset Review" section of this notice.
Full Text
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<title>Federal Register, Volume 89 Issue 198 (Friday, October 11, 2024)</title>
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[Federal Register Volume 89, Number 198 (Friday, October 11, 2024)]
[Notices]
[Pages 82565-82566]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-23567]
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DEPARTMENT OF COMMERCE
International Trade Administration
[C-570-923]
Raw Flexible Magnets From the People's Republic of China: Final
Results of the Expedited Third Sunset Review of the Countervailing Duty
Order
AGENCY: Enforcement and Compliance, International Trade Administration,
Department of Commerce.
SUMMARY: The U.S. Department of Commerce (Commerce) finds that
revocation of the countervailing duty (CVD) order on raw flexible
magnets from the People's Republic of China (China) would be likely to
lead to continuation or recurrence of countervailable subsidies at the
levels indicated in the ``Final Results of the Sunset Review'' section
of this notice.
DATES: Applicable October 11, 2024.
FOR FURTHER INFORMATION CONTACT: Peter Zukowski, AD/CVD Operations,
Office III, Enforcement and Compliance, International Trade
Administration, U.S. Department of Commerce, 1401 Constitution Avenue
NW, Washington, DC 20230; telephone: (202) 482-0189.
SUPPLEMENTARY INFORMATION:
Background
On September 17, 2008, Commerce published the CVD order on raw
flexible magnets from China.\1\ On June 3, 2024, Commerce published the
notice of initiation of the third sunset review of
[[Page 82566]]
the Order, pursuant to section 751(c) of the Tariff Act of 1930, as
amended (the Act).\2\ On June 14, 2024, Commerce received a notice of
intent to participate from Magnum Magnetics Corporation (the domestic
interested party), within the deadline specified in 19 CFR
351.218(d)(1)(i).\3\ The domestic interested party claimed interested
party status under section 771(9)(C) of the Act as a U.S. producer of
the domestic like product.\4\
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\1\ See Raw Flexible Magnets from the People's Republic of
China: Countervailing Duty Order, 73 FR 53849 (September 17, 2008)
(Order).
\2\ See Initiation of Five-Year (Sunset) Reviews, 89 FR 47525
(June 3, 2024).
\3\ See Domestic Interested Party's Letter, ``Notice of Intent
to Participate,'' dated June 14, 2024.
\4\ Id. at 2.
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On June 28, 2024, Commerce received an adequate substantive
response from the domestic interested party within the 30-day deadline
specified in 19 CFR 351.218(d)(3)(i).\5\ Commerce did not receive a
substantive response from any other interested party in this
proceeding, and no party requested a hearing. On July 23, 2024,
Commerce notified the U.S. International Trade Commission that it did
not receive an adequate substantive response from respondent interested
parties.\6\ As a result, Commerce conducted an expedited (120-day)
sunset review of the Order, pursuant to section 751(c)(3)(B) of the Act
and 19 CFR 351.218(e)(1)(ii) (C)(2).
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\5\ See Domestic Interested Party's Letter, ``Domestic Industry
Substantive Response,'' dated June 28, 2024.
\6\ See Commerce's Letter, ``Sunset Reviews Initiated on June 3,
2024,'' dated July 23, 2024.
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On July 22, 2024, Commerce tolled certain deadlines in this
administrative proceeding by seven days.\7\ The deadline for the final
results is now October 8, 2024.
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\7\ See Memorandum, ``Tolling of Deadlines for Antidumping and
Countervailing Duty Proceedings,'' dated July 22, 2024.
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Scope of the Order
The merchandise covered by this order is raw flexible magnets. For
a complete description of the scope of the Order, see the Issues and
Decision Memorandum.\8\
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\8\ See Memorandum, ``Issues and Decision Memorandum for the
Final Results of the Expedited Third Sunset Review of the
Countervailing Duty Order on Raw Flexible Magnets from the People's
Republic of China,'' dated concurrently with, and adopted by, this
notice (Issues and Decision Memorandum).
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Analysis of Comments Received
A complete discussion of all issues raised in this sunset review,
including the likelihood of continuation or recurrence of
countervailable subsidies in the event of revocation of the Order and
the countervailable subsidy rates likely to prevail if the Order were
revoked, is provided in the Issues and Decision Memorandum. A list of
the topics discussed in the Issues and Decision Memorandum 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), which 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>.
Final Results of Sunset Review
Pursuant to sections 751(c) and 752(b) of the Act, we determine
that revocation of the Order would be likely to lead to continuation or
recurrence of a countervailable subsidies at the following net
countervailable subsidy rates:
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Net
countervailable
Producers/exporters subsidy rate
(percent ad
valorem)
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China Ningbo Cixi Import Export Corporation............ 109.95
Polyflex Magnets Ltd................................... 109.95
All Others............................................. 109.95
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Administrative Protective Order (APO)
This notice serves as the only reminder to parties subject to an
APO of their responsibility concerning the disposition of proprietary
information disclosed under APO in accordance with 19 CFR 351.305,
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 violation subject to sanction.
Notification to Interested Parties
Commerce is issuing and publishing these final results and this
notice in accordance with sections 751(c), 752(b), and 777(i)(1) of the
Act, and 19 CFR 351.218.
Dated: October 7, 2024.
Dawn Shackleford,
Executive Director for Trade Agreements Policy and Negotiations.
Appendix
List of Topics Discussed in the Issues and Decision Memorandum
I. Summary
II. Background
III. Scope of the Order
IV. History of the Order
V. Legal Framework
VI. Discussion of the Issues
1. Likelihood of Continuation or Recurrence of a Countervailable
Subsidy
2. Net Countervailable Subsidy Rates Likely to Prevail
3. Nature of the Subsidies
VII. Final Results of Sunset Review
VIII. Recommendation
[FR Doc. 2024-23567 Filed 10-10-24; 8:45 am]
BILLING CODE 3510-DS-P
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