[Federal Register Volume 78, Number 175 (Tuesday, September 10, 2013)]
[Notices]
[Pages 55241-55242]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-22029]
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DEPARTMENT OF COMMERCE
International Trade Administration
[C-580-818]
Corrosion-Resistant Carbon Steel Flat Products From the Republic
of Korea: Preliminary Results of Countervailing Duty Administrative
Review; 2011
AGENCY: Import Administration, International Trade Administration,
Department of Commerce.
SUMMARY: The Department of Commerce (the Department) is conducting an
administrative review of the countervailing duty (CVD) order on
corrosion-resistant carbon steel flat products (CORE) from the Republic
of Korea (Korea) for the period of review (POR) January 1, 2011,
through December 31, 2011. For information on the net subsidy for
Dongbu Steel Co., Ltd. (Dongbu), Hyundai HYSCO Ltd. (HYSCO), and Pohang
Iron & Steel Co. Ltd. (POSCO), the companies under review, see the
``Preliminary Results of Review'' section of this notice. Interested
parties are invited to comment on these preliminary results.\1\
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\1\ See the ``Disclosure and Public Comment'' section of this
notice.
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DATES: Effective Date: September 10, 2013.
FOR FURTHER INFORMATION CONTACT: Christopher Hargett, AD/CVD
Operations, Import Administration, International Trade Administration,
U.S. Department of Commerce, 14th Street and Constitution Avenue NW.,
Washington, DC 20230; telephone: (202) 482-4161.
SUPPLEMENTARY INFORMATION:
Scope of the Order
The merchandise covered by this Order \2\ is certain corrosion-
resistant carbon steel flat products from Korea. These products include
flat-rolled carbon steel products, of rectangular shape, either clad,
plated, or coated with corrosion-resistant metals such as zinc,
aluminum, or zinc-, aluminum-, nickel-, or iron-based alloys, whether
or not corrugated or painted, varnished or coated with plastics or
other nonmetallic substances in addition to the metallic coating.\3\
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\2\ See Countervailing Duty Orders and Amendments to Final
Affirmative Countervailing Duty Determinations: Certain Steel
Products From Korea, 58 FR 43752 (August 17, 1993) (Order).
\3\ See the ``Decision Memorandum for Preliminary Results of
2011 Countervailing Duty Administrative Review: Corrosion-Resistant
Carbon Steel Flat Products from the Republic of Korea'' (Preliminary
Decision Memorandum), dated concurrent with and adopted by this
notice, for a complete description of the Scope of the Order.
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[[Page 55242]]
Methodology
The Department is conducting this CVD review in accordance with
section 751(a)(1) of the Tariff Act of 1930, as amended (the Act). For
a full description of the methodology underlying our preliminary
conclusions, see the Preliminary Decision Memorandum. The Preliminary
Decision Memorandum is a public document and is on file electronically
via Import Administration's Antidumping and Countervailing Duty
Centralized Electronic Service System (IA ACCESS). IA ACCESS is
available to registered users at http://iaaccess.trade.gov, and is
available to all parties in the Central Records Unit, room 7046 of the
main Department of Commerce building. In addition, a complete version
of the Preliminary Decision Memorandum can be accessed directly on the
Internet at http://www.trade.gov/ia/. The signed and electronic
versions of the Preliminary Decision Memorandum are identical in
content.
In accordance with 19 CFR 351.221(b)(4)(i), we calculated an
individual subsidy rate for each producer/exporter subject to this
administrative review, for the period January 1, 2011, through December
31, 2011.\4\
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\4\ See 19 CFR 351.106(c)(1).
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Preliminary Results of Review
We preliminarily determine the countervailable subsidy rates to be:
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Company Subsidy rate
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Dongbu Steel Co., Ltd..................... 0.10 percent or de
minimis.\5\
Hyundai HYSCO............................. 0.45 percent or de minimis.
Pohang Iron & Steel Co., Ltd./Pohang 0.34 percent or de minimis.
Coated Steel Co., Ltd.
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\5\ Id.
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Assessment and Cash Deposit Requirements
The Department intends to issue assessment instructions to U.S.
Customs and Border Protection (CBP) 15 days after the date of
publication of the final results of this review. If the final results
remain the same as these preliminary results, the Department will
instruct CBP to liquidate without regard to CVDs all shipments of
subject merchandise produced by HYSCO, POSCO, and Dongbu, entered, or
withdrawn from warehouse, for consumption from January 1, 2011, through
December 31, 2011.
The Department notified CBP to discontinue the collection of cash
deposits on entries of the subject merchandise, entered or withdrawn
from warehouse, on or after February 14, 2012, the effective date of
the revocation of this Order.\6\
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\6\ See Corrosion-Resistant Carbon Steel Flat Products from
Germany and the Republic of Korea: Revocation of Antidumping and
Countervailing Duty Orders, 78 FR 16832 (March 19, 2013).
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Disclosure and Public Comment
The Department intends to disclose to interested parties the
calculations performed in connection with these preliminary results
within five days after the date of publication of these preliminary
results.\7\ Interested parties may submit written comments no later
than 30 days after the date of publication of these preliminary results
of review. Rebuttals briefs, limited to issues raised in case briefs,
may be filed no later than five days after the time limit for filing
the case briefs, as specified by 19 CFR 351.309(d).\8\
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\7\ See 19 CFR 351.224(b).
\8\ See 19 CFR 351.309(c); 19 CFR 351.309(d)(1).
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Interested parties that wish to request a hearing, or participate
if one is requested, must submit a written request to the Assistant
Secretary for Import Administration, U.S. Department of Commerce, filed
electronically using IA ACCESS. An electronically filed document must
be received successfully in its entirety by the Department's IA ACCESS
by 5:00 p.m. Eastern Standard Time within 30 days of publication of
this notice.\9\ Hearing requests should contain the following
information: (1) The party's name, address, and telephone number; (2)
the number of participants; and (3) a list of the issues to be
discussed. Oral presentations will be limited to issues raised in the
briefs. If a request for a hearing is made, parties will be notified of
the time and date for the hearing to be held at the U.S. Department of
Commerce, 1401 Constitution Avenue NW., Washington, DC 20230.\10\
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\9\ See 19 CFR 351.310(c).
\10\ Id.
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Unless the deadline is extended pursuant to section 751(a)(3)(A) of
the Act, the Department will issue the final results of this
administrative review, including the results of our analysis of the
issues raised by the parties in their comments, within 120 days after
publication of these preliminary results.
These preliminary results of review are issued and published in
accordance with sections 751(a)(1) and 777(i)(1) of the Act and 19 CFR
351.221(b)(4).
Dated: September 3, 2013.
Paul Piquado,
Assistant Secretary for Import Administration.
Appendix
List of Topics Discussed in the Preliminary Decision Memorandum
1. Summary
2. Background
3. Scope of the Order
4. Subsidies Valuation Information
5. Programs Determined To Be Countervailable
A. Promotion of Specialized Enterprises for Parts and Materials
B. Restriction of Special Taxation Act (``RSTA'') Article 26
C. Asset Revaluation (TERCL Article 56(2) of the Tax Reduction
and Exemption Control Act (``TERCL''))
D. Exemption of VAT on Imports of Anthracite Coal
E. Other Subsidies Related to Operations at Asan Bay: Provision
of Land and Exemption of Port Fees Under Harbor Act
F. Document Acceptance (``D/A'') Financing Provided Under
KEXIM's Trade Rediscount Program and D/A Loans issued by the KDB and
Other Government-Owned Banks
G. Reduction in Taxes for Operation in Regional and National
Industrial Complexes
H. RSTA 22: Corporation Tax Exemption on Dividend Income from
Investment in Overseas Resource Development
6. Programs Preliminarily Determined Not To Confer a Benefit During
the POR
A. Overseas Resource Development Program: Loan from Korea
Resources Corporation (``KORES'')
B. Overseas Resource Development Program: Loan from Korea
National Oil Corporation (``KNOC'')
C. Pre-1992 Direct Credit
D. R&D Grants Under the Special Act on Balanced National
Development
E. Research and Development Grants Under the Industrial
Technology Innovation Promotion Act (``ITIPA'')
7. Programs Preliminarily Determined To Be Not Used \11\
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\11\ For a list of the programs preliminarily determined to be
not used, see the Preliminary Decision Memorandum.
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8. Other Program
A. Tax Credits Received Under the Restriction of Special
Taxation Act (``RSTA'')
9. Conclusion
[FR Doc. 2013-22029 Filed 9-9-13; 8:45 am]
BILLING CODE 3510-DS-P