Notice2024-24089
Carbon and Alloy Steel Wire Rod From the Republic of Korea: Final Results of Antidumping Duty Administrative Review; 2022-2023
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 18, 2024
Issuing agencies
Commerce DepartmentInternational Trade Administration
Abstract
The U.S. Department of Commerce (Commerce) determines that carbon and alloy steel wire rod (wire rod) from the Republic of Korea (Korea) were sold in the United States at less than normal value during the period of review (POR), May 1, 2022, through April 30, 2023.
Full Text
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<title>Federal Register, Volume 89 Issue 202 (Friday, October 18, 2024)</title>
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[Federal Register Volume 89, Number 202 (Friday, October 18, 2024)]
[Notices]
[Pages 83836-83837]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-24089]
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DEPARTMENT OF COMMERCE
International Trade Administration
[A-580-891]
Carbon and Alloy Steel Wire Rod From the Republic of Korea: Final
Results of Antidumping Duty Administrative Review; 2022-2023
AGENCY: Enforcement and Compliance, International Trade Administration,
Department of Commerce.
SUMMARY: The U.S. Department of Commerce (Commerce) determines that
carbon and alloy steel wire rod (wire rod) from the Republic of Korea
(Korea) were sold in the United States at less than normal value during
the period of review (POR), May 1, 2022, through April 30, 2023.
DATES: Applicable October 18, 2024.
FOR FURTHER INFORMATION CONTACT: Lingjun Wang, 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) 482-2316.
SUPPLEMENTARY INFORMATION:
Background
On June 5, 2024, Commerce published the Preliminary Results of this
administrative review in accordance with sections 751(a)(1) and
777(i)(1) of the Tariff Act of 1930, as amended (the Act).\1\ POSCO/
POSCO International Corporation (PIC) is the sole producer and exporter
that is subject to this administrative review.
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\1\ See Carbon and Alloy Steel Wire Rod from the Republic of
Korea: Preliminary Results of Antidumping Duty Administrative
Review; 2022-2023, 89 FR 48145 (June 5, 2024) (Preliminary Results),
and accompanying Preliminary Decision Memorandum (PDM).
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In July 2024, POSCO requested a public hearing and subsequently
withdrew its request.\2\ POSCO also filed a case brief.\3\ No other
interested party submitted a case or rebuttal brief. On July 22, 2024,
Commerce tolled certain deadlines in this administrative proceeding by
seven days.\4\ The deadline for the final results is now October 10,
2024. For a summary of the events that occurred since the Preliminary
Results, see the Issues and Decision Memorandum.\5\ 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>. Commerce
conducted this review in accordance with section 751(a) of the Act.
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\2\ See POSCO's Letters, ``Request for Public Hearing,'' dated
July 5, 2024, and ``Withdrawal of Request for Public Hearing,''
dated July 30, 2024.
\3\ See POSCO's Letter, ``POSCO's Case Brief,'' dated July 15,
2024.
\4\ See Memorandum, ``Tolling of Deadlines for Antidumping and
Countervailing Duty Proceedings,'' dated July 22, 2024.
\5\ Memorandum, ``Issues and Decision Memorandum for the Final
Results of the Administrative Review of Carbon and Alloy Steel Wire
Rod from the Republic of Korea; 2022-2023,'' dated concurrently
with, and hereby adopted by, this notice (Issues and Decision
Memorandum).
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Scope of the Order <SUP>6</SUP>
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\6\ See Carbon and Alloy Steel Wire Rod from Italy, the Republic
of Korea, Spain, the Republic of Turkey, and the United Kingdom:
Antidumping Duty Orders and Amended Final Affirmative Antidumping
Duty Determinations for Spain and the Republic of Turkey, 83 FR
23417 (May 21, 2018) (Order).
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The scope of the Order includes certain hot-rolled products of
carbon steel and alloy steel, in coils, of approximately round cross
section, less than 19.00 mm in actual solid cross-sectional diameter.
For a complete description of the scope of the Order, see the Issues
and Decision Memorandum.\7\
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\7\ See Issues and Decision Memorandum.
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Changes Since the Preliminary Results
For reasons explained in the Issues and Decision Memorandum, we
changed the time periods for the Cohen's d test, and corrected an error
in the adjustment calculation for the indirect selling expense
ratio.\8\ For a more detailed discussion of the changes, see the Issues
and Decision Memorandum.\9\
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\8\ See Memorandum, ``Final Calculation Memorandum for POSCO,''
dated concurrently with this notice.
\9\ See generally Issues and Decision Memorandum.
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Final Results of the Review
We determine that the following estimated weighted-average dumping
margin exists for the period May 1, 2022, through April 30, 2023:
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\10\ In the 2020-2021 administrative review of the Order, we
found that POSCO and PIC are affiliated and should be treated as a
single entity. See Carbon and Alloy Steel Wire Rod from the Republic
of Korea: Preliminary Results of Antidumping Duty Administrative
Review; 2020-2021, 87 FR 33468 (June 2, 2022), and accompanying PDM
at 5-10, unchanged in Carbon and Alloy Steel Wire Rod from the
Republic of Korea: Final Results of Antidumping Duty Administrative
Review; 2020-2021 (October 4, 2022). In the absence of information
demonstrating any changes, we are continuing to treat POSCO and PIC
as a single entity for purpose of this administrative review.
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Weighted-
average
Producer/exporter dumping
margin
(percent)
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POSCO/POSCO International Corporation \10\................. 0.85
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Disclosure
We intend to disclose to interested parties the corrected margin
calculation program within five days of the publication date of this
notice, in accordance with 19 CFR 351.224(b).
Assessment Rates
Pursuant to section 751(a)(2)(C) of the Act and 19 CFR
351.212(b)(1), Commerce has determined, and U.S. Customs and Border
Protection (CBP) shall assess, antidumping duties on all appropriate
entries of subject merchandise in accordance with the final results of
this review.\11\ Because
[[Page 83837]]
POSCO's weighted-average dumping margin is above de minimis, we
calculated importer-specific ad valorem duty assessment rates by
dividing the total amount of antidumping duties calculated for the
examined sales by the total entered value of the examined sales to that
importer.
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\11\ See Antidumping Proceeding: Calculation of the Weighted-
Average Dumping Margin and Assessment Rate in Certain Antidumping
Duty Proceedings; Final Modification, 77 FR 8101 (February 14,
2012).
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In accordance with Commerce's practice, for entries of subject
merchandise during the POR produced by POSCO for which it did not know
its merchandise was destined for the United States, we intend to
instruct CBP to liquidate such entries at the all-others rate if there
is no company-specific rate for the intermediate company(ies) involved
in the transaction.\12\
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\12\ See Antidumping and Countervailing Duty Proceedings:
Assessment of Antidumping Duties, 68 FR 23954 (May 6, 2003).
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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. 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
The following cash deposit requirements will be effective for all
shipments of subject merchandise entered, or withdrawn from warehouse,
for consumption on or after the publication date of the final results
of this administrative review, as provided by section 751(a)(2)(C) of
the Act: (1) the cash deposit rate for POSCO will be will be the rates
established in these final results of the review; (2) for previously-
investigated companies not participating in this review, the cash
deposit rate will continue to be the company-specific rate published
for the most recently completed segment of this proceeding; (3) if the
exporter was not covered in this review or the investigation, but the
producer was covered, the cash deposit rate will be the rate
established in the most recently completed segment of this proceeding
for the producer of subject merchandise; and (4) the cash deposit rate
for all other producers or exporters will continue to be 41.10 percent,
the all-others rate established in the original less-than-fair-value
investigation.\13\ These cash deposit requirements, when imposed, shall
remain in effect until further notice.
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\13\ See Order, 83 FR at 23419.
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Notification to Importers
This notice serves as a final reminder to importers of their
responsibility under 19 CFR 351.402(f)(2) to file a certificate
regarding the reimbursement of antidumping duties prior to liquidation
of the relevant entries during this review period. Failure to comply
with this requirement could result in the presumption that
reimbursement of antidumping duties occurred and the subsequent
assessment of doubled antidumping duties.
Administrative Protective Order (APO)
This notice also serves as the only reminder to parties subject to
an APO of their responsibility concerning the destruction 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
We are issuing and publishing these final results in accordance
with sections 751(a)(1) and 777(i)(1) of the Act, and 19 CFR 351.213(h)
and 351.221(b)(5).
Dated: October 10, 2024.
Scot Fullerton,
Acting 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. Changes Since the Preliminary Results
V. Discussion of the Issues
Comment 1: Time Periods for the Cohen's d Test
Comment 2: Whether To Grant a Constructed Export Price Offset
Comment 3: Whether To Make Cost Adjustment for Inputs Sourced
From Affiliated Suppliers
Comment 4: Whether To Reverse Adjustments to POSCO's Indirect
Selling Expense Ratios or Correct an Error in the Adjustment
Calculation
VI. Recommendation
[FR Doc. 2024-24089 Filed 10-17-24; 8:45 am]
BILLING CODE 3510-DS-P
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</html>Indexed from Federal Register on October 18, 2024.
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