Oil Country Tubular Goods From the Republic of Korea: Final Results of Countervailing Duty Administrative Review and Rescission, in Part; 2023
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Issuing agencies
Abstract
The U.S. Department of Commerce (Commerce) determines countervailable subsidies were not provided to SeAH Steel Corporation (SeAH Steel), a producer and exporter of oil country tubular goods (OCTG) from the Republic of Korea (Korea). The period of review (POR) is January 1, 2023, through December 31, 2023. In addition, Commerce is rescinding this review with respect to Hyundai Steel Pipe Co., Ltd. (Hyundai Pipe).
Full Text
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<title>Federal Register, Volume 91 Issue 177 (Tuesday, September 15, 2026)</title>
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[Federal Register Volume 91, Number 177 (Tuesday, September 15, 2026)]
[Notices]
[Pages 58421-58422]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-18788]
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DEPARTMENT OF COMMERCE
International Trade Administration
[C-580-913]
Oil Country Tubular Goods From the Republic of Korea: Final
Results of Countervailing Duty Administrative Review and Rescission, in
Part; 2023
AGENCY: Enforcement and Compliance, International Trade Administration,
Department of Commerce.
SUMMARY: The U.S. Department of Commerce (Commerce) determines
countervailable subsidies were not provided to SeAH Steel Corporation
(SeAH Steel), a producer and exporter of oil country tubular goods
(OCTG) from the Republic of Korea (Korea). The period of review (POR)
is January 1, 2023, through December 31, 2023. In addition, Commerce is
rescinding this review with respect to Hyundai Steel Pipe Co., Ltd.
(Hyundai Pipe).
DATES: Applicable September 15, 2026.
FOR FURTHER INFORMATION CONTACT: Rebecca Janz, AD/CVD Operations,
Office II, Enforcement and Compliance, International Trade
Administration, U.S. Department of Commerce, 1401 Constitution Avenue
NW, Washington, DC 20230; telephone: (202) 482-2972.
SUPPLEMENTARY INFORMATION:
Background
On May 13, 2026, Commerce published the Preliminary Results of this
administrative review in the Federal Register and invited interested
parties to comment.\1\ The deadline for these final results is
September 10, 2026.
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\1\ See Oil Country Tubular Goods from the Republic of Korea:
Preliminary Results, Intent to Rescind, and Rescission, in Part, of
Countervailing Duty Administrative Review; 2023, 91 FR 27019 (May
13, 2026) (Preliminary Results) and accompanying Preliminary
Decision Memorandum (PDM).
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For a complete description of the events that occurred after the
Preliminary Results, see the Issues and Decision Memorandum.\2\ 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/FRnotices">https://access.trade.gov/FRnotices</a>.
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\2\ See Memorandum, ``Issues and Decision Memorandum for the
Final Results of the Countervailing Duty Administrative Review of
Oil Country Tubular Goods from the Republic of Korea; 2023,'' dated
concurrently with, and hereby adopted by, this notice (Issues and
Decision Memorandum).
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Scope of the Order <SUP>3</SUP>
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\3\ See Oil Country Tubular Goods from the Republic of Korea and
the Russian Federation: Countervailing Duty Orders, 87 FR 70782
(November 21, 2022) (Order).
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The merchandise covered by the Order is OCTG from Korea. For a
complete description of the scope of the Order, see the Issues and
Decision Memorandum.
Analysis of Comments Received
All issues raised in the case brief filed by SeAH are addressed in
the Issues and Decision Memorandum. The topics discussed and the issues
raised by SeAH to which we responded in the Issues and Decision
Memorandum are listed in the appendix to this notice.
Changes Since the Preliminary Results
Based on our analysis of the comments received from SeAH and the
evidence on the record, we made certain changes to the calculations of
the net countervailable subsidy rate calculated for SeAH. 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 find
that there is a subsidy, i.e., a financial contribution by an
``authority'' that gives rise to a benefit to the recipient, and that
the subsidy is specific.\4\ For a full description of the methodology
underlying Commerce's conclusions, see the Issues and Decision
Memorandum.
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\4\ 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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Rescission of Administrative Review, in Part
In the Preliminary Results, we stated that we intended to rescind
this review with respect to Hyundai Steel Pipe Co., Ltd. (Hyundai Pipe)
because, according to the U.S. Customs and Border Protection (CBP)
import data on the record, the company did not have reviewable entries
of subject merchandise during the POR for which liquidation is
suspended.\5\ We did not receive any comments from interested parties
concerning our intent to rescind the administrative review with respect
to Hyundai Pipe. Accordingly, we are rescinding this administrative
review for Hyundai Pipe, pursuant to 19 CFR 351.213(d)(3).
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\5\ See Preliminary Results, 91 FR at 27019-20.
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Final Results of Review
As a result of this review, we determine the following net
countervailable subsidy rate exists for the POR, January 1, 2023,
through December 31, 2023:
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Company Subsidy rate (percent ad valorem)
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SeAH Steel Corporation.\6\ 0.12 (de minimis).
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Disclosure
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\6\ Commerce has found the following company to be cross-owned
with SeAH Steel: SeAH Steel Holding Corporation. See Preliminary
Results PDM at 6.
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Commerce intends to disclose the calculations and analyses
performed in connection with these final results of review to
interested parties within five days after the public announcement of
the final results or, if there is not public announcement, within five
days of the date of publication of this notice of final results in the
Federal Register, 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)(2), Commerce has determined, and CBP shall assess,
countervailing duties on all appropriate entries of subject merchandise
in accordance with the final results of this review. For Hyundai Pipe,
for which the review is being 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, in
accordance with 19 CFR 351.212(c)(1)(i). Because we calculated a de
minimis countervailable subsidy rate for the SeAH Steel in the final
results of this review, we intend to instruct CBP to liquidate the
appropriate entries without regard to countervailing duties in
accordance with 19 CFR 351.212(b)(2) and 19 CFR 351.106(c)(2).
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
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statutory injunction has expired (i.e., within 90 days of publication).
Cash Deposit Instructions
In accordance with section 751(a)(1) of the Act, Commerce intends
to instruct CBP to collect cash deposits of estimated countervailing
duties at the appropriate rates.\7\ For shipments of subject
merchandise by the SeAH Steel entered, or withdrawn from warehouse, for
consumption on or after the date of publication of these final results,
the cash deposit rate will be zero. For all non-reviewed firms subject
to the Order, we will instruct CBP to continue to collect cash deposits
of estimated countervailing duties at the most recent company-specific
rate or the all-others rate established in the original investigation
(i.e., 1.33 percent), as appropriate.\8\ These cash deposit
requirements, effective upon publication of these final results, shall
remain in effect until further notice.
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\7\ See, e.g., Honey from Argentina: Results of Countervailing
Duty Administrative Review, 69 FR 29518 (May 24, 2004), and
accompanying Issues and Decision Memorandum at Issue 4.
\8\ See Order, 87 FR at 70783.
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Administrative Protective Order (APO)
This notice also serves as a 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) of the Act, and 19 CFR 351.213(d)(4)
and 19 CFR 351.221(b)(5).
Dated: September 10, 2026.
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: Attribution of Funds Received under the Suncheon City
Government Funding for Investing in New Facilities Program (Suncheon
New Facilities Program)
Comment 2: Whether the Demand Response Resources (DRR) Program
Is Countervailable
Comment 3: Whether Tax Exemptions under Restriction of Special
Taxation Act (RSTA) Article 24 Are De Facto Specific
Comment 4: Discount on Auto-Payments and Electronic Reporting of
Social Insurance Subsidy Rate
VII. Recommendation
[FR Doc. 2026-18788 Filed 9-14-26; 8:45 am]
BILLING CODE 3510-DS-P
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