Notice2025-06468
Stainless Steel Sheet and Strip in Coils From the Republic of Korea: Final Results and Partial Rescission 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
April 16, 2025
Issuing agencies
Commerce DepartmentInternational Trade Administration
Abstract
The U.S. Department of Commerce (Commerce) determines that certain producers and exporters of stainless steel sheet and strip in coils (SSSS in coils) from the Republic of Korea (Korea) 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 90 Issue 72 (Wednesday, April 16, 2025)</title>
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[Federal Register Volume 90, Number 72 (Wednesday, April 16, 2025)]
[Notices]
[Pages 15955-15956]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-06468]
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DEPARTMENT OF COMMERCE
International Trade Administration
[C-580-835]
Stainless Steel Sheet and Strip in Coils From the Republic of
Korea: Final Results and Partial Rescission 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 stainless steel sheet and strip in
coils (SSSS in coils) from the Republic of Korea (Korea) received
countervailable subsidies during the period of review (POR) January 1,
2022, through December 31, 2022.
DATES: Applicable April 16, 2025.
FOR FURTHER INFORMATION CONTACT: Patrick Barton, 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) 482-0012.
SUPPLEMENTARY INFORMATION:
Background
On September 13, 2024, Commerce published the Preliminary Results
of this administrative review in the Federal Register and invited
interested parties to comment.\1\ On December 9, 2024, Commerce tolled
certain deadlines in this administrative proceeding by 90 days.\2\ The
deadline for these final results is now April 11, 2025. 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 Stainless Steel Sheet and Strip in Coils from the
Republic of Korea: Preliminary Results and Intent to Rescind, in
Part, of Countervailing Duty Administrative Review; 2022, 89 FR
74915 (September 13, 2024) (Preliminary Results), and accompanying
Preliminary Decision Memorandum (PDM).
\2\ See Memorandum, ``Tolling of Deadlines for Antidumping and
Countervailing Duty Proceedings,'' dated December 9, 2024.
\3\ See Memorandum, ``Issues and Decision Memorandum for the
Final Results and Partial Rescission of the Administrative Review of
the Countervailing Duty Order on Stainless Steel Sheet and Strip in
Coils from the Republic of Korea; 2022,'' dated concurrently with,
and hereby adopted by, this notice (Issues and Decision Memorandum).
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Scope of the Order <SUP>4</SUP>
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\4\ See Amended Final Determination: Stainless Steel Sheet and
Strip in Coils from the Republic of Korea; and Notice of
Countervailing Duty Orders: Stainless Steel Sheet and Strip in Coils
from France, Italy, and the Republic of Korea, 64 FR 42923 (August
6, 1999) (Order).
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The product covered by this Order is SSSS in coils. For a complete
description of the scope of this Order, see the Issues and Decision
Memorandum.
Rescission of Administrative Review, in Part
As noted in the Preliminary Results, based on our analysis of U.S.
Customs and Border Protection (CBP) data, we determine that Samsung STS
Co., Ltd. (Samsung STS) had no reviewable shipments, sales, or entries
of subject
[[Page 15956]]
merchandise during the POR.\5\ We received no comments or additional
information from any interested parties regarding this company.
Therefore, absent evidence of suspended entries during the POR on the
record, we are rescinding the administrative review of Samsung STS,
pursuant to 19 CFR 351.213(d)(3).
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\5\ See Preliminary Results, 89 FR at 74915.
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Analysis of Subsidy Programs and Comments Received
A list of topics discussed in the Issues and Decision Memorandum is
included 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>.
Changes Since the Preliminary Results
Based on a review of the record and comments received from
interested parties regarding our Preliminary Results, and for the
reasons explained in the Issues and Decision Memorandum, we made no
modifications to our calculations for these final results of review.
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 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.\6\ The subsidy programs under review, and the issues raised
in case and rebuttal briefs submitted by the interested parties, are
discussed in the Issues and Decision Memorandum.
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\6\ 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 the following net countervailable subsidy rates for
the period January 1, 2022, through December 31, 2022:
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\7\ In the Preliminary Results, Commerce preliminarily found
Hyundai ISC to be cross-owned with Hyundai Steel Company (Hyundai
Steel). See Preliminary Results PDM at 14. No parties commented on
this determination; thus, we continue to find Hyundai ISC to be
cross-owned with Hyundai Steel.
\8\ This rate is based upon adverse facts available (AFA). See
Preliminary Decision Memorandum at 6-11; see also Memorandum,
``Post-Preliminary Results Application of Adverse Facts Available,''
dated October 31, 2024. No parties commented on this determination;
thus, we continue to apply AFA to Geumok Tech. Co., Ltd.
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Subsidy rate
Producer/exporter (percent ad
valorem)
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Hyundai BNG Steel Co., Ltd.............................. 0.57
Hyundai Steel Company \7\............................... 2.47
Geumok Tech. Co., Ltd.\8\............................... 17.04
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Disclosure
Because Commerce has not modified its analysis or calculations from
the Preliminary Results, there are no new calculations to disclose for
these final results of review.
Assessment Rates
Pursuant to section 751(a)(2)(C) of the Act and 19 CFR
351.212(b)(2), Commerce has determined, and CBP shall assess,
countervailing duties on all appropriate entries of subject merchandise
covered by this review. 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.
For the company for which this review is rescinded, Commerce will
instruct CBP to assess countervailing duties on all appropriate entries
at a rate equal to the cash deposit of estimated countervailing duties
required at the time of entry, or withdrawal from warehouse, for
consumption, during the period January 1, 2022, through December 31,
2022. Commerce intends to issue rescission instructions to CBP no
earlier than 35 days after the date of publication of the notice of
rescission 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 intends
to instruct CBP to collect cash deposits of estimated countervailing
duties in the amounts shown for the companies subject to this review
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
companies, 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 (APO)
This notice also serves as a final reminder to parties subject to
an 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 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 violation subject to sanction.
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 351.213(d)(4)
and 19 CFR 351.221(b)(5).
Dated: April 10, 2025.
Christopher Abbott,
Deputy Assistant Secretary for Policy and Negotiations, performing the
non-exclusive functions and duties of the 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 Information
V. Analysis of Programs
VI. Discussion of the Issues
Comment 1: Whether the Provision of Electricity Was Consistent
with Market Principles During the POR
Comment 2: Whether the Provision of Electricity for Less Than
Adequate Renumeration (LTAR) Program Is Specific
Comment 3: Whether Commerce Should Revise its Analysis of the
Largest Electricity Consuming Industries
Comment 4: Whether to Modify the Benefit Calculation for the
Provision of Electricity for LTAR Program
Comment 5: Whether the Provision of Korean Allocation Units
(KAUs) Constitutes a Financial Contribution
Comment 6: Whether the Provision of KAUs Confers a
Countervailable Benefit
Comment 7: Whether the Korea Emissions Trading System (K-ETS)
Program Is Specific
VII. Recommendation
[FR Doc. 2025-06468 Filed 4-15-25; 8:45 am]
BILLING CODE 3510-DS-P
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