[Federal Register Volume 60, Number 53 (Monday, March 20, 1995)]
[Notices]
[Page 14733]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-6812]



[[Page 14733]]

DEPARTMENT OF COMMERCE

[C-517-501]


Carbon Steel Wire Rod From Saudi Arabia; Termination of 
Countervailing Duty Administrative Reviews

AGENCY: Import Administration, International Trade Administration, 
Department of Commerce.

ACTION: Notice of Termination of Countervailing Duty Administrative 
Reviews.

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SUMMARY: The Department of Commerce (the Department) is terminating the 
1992 and 1993 administrative reviews on carbon steel wire rod from 
Saudi Arabia because the countervailing duty order has been revoked 
effective December 31, 1991 (59 FR 58814 (November 15, 1994)). The 
reviews were initiated on March 26, 1993, for the period January 1, 
1992, through December 31, 1992, and March 14, 1994, for the period 
January 1, 1993, through December 31, 1993.

EFFECTIVE DATE: March 20, 1995.

FOR FURTHER INFORMATION CONTACT: Stephen Lebowitz or Kelly Parkhill, 
Office of Countervailing Compliance, Import Administration, 
International Trade Administration, U.S. Department of Commerce, 14th 
Street and Constitution Avenue, N.W., Washington, D.C. 20230; 
telephone: (202) 482-2786.

SUPPLEMENTARY INFORMATION:

Background

    On March 16, 1992, after timely receipt of a request for an 
administrative review and a properly filed request for revocation from 
the Saudi Iron and Steel Company (HADEED), the Department initiated an 
administrative review of the countervailing duty order on carbon steel 
wire rod from Saudi Arabia covering the period of January 1, 1991, 
through December 31, 1991 (57 FR 9104 (March 16, 1992)). On November 2, 
1993, the Department issued preliminary results of the 1991 
administrative review, including a preliminary determination that it 
intended to revoke the order (58 FR 58537 (March 26, 1993)).
    On November 15, 1994, the Department issued the final results of 
the administrative review for the 1991 period of review, and revoked 
the entire countervailing duty order effective December 31, 1991 (59 FR 
58814 (November 15, 1994)). The Department found that the respondent 
company had met the requirements for revocation of the countervailing 
duty order pursuant to 19 CFR 355.25(b)(2). Based upon certifications 
by HADEED and the Government of the Kingdom of Saudi Arabia, as well as 
from the Department's previous four consecutive administrative reviews, 
the Department determined that HADEED, the only Saudi producer of the 
subject merchandise, had not applied for or received any net subsidy 
under any programs deemed by the Department to be countervailable for 
the requisite five administrative reviews. The Department further 
determined that there was no likelihood that this company would apply 
for nor receive any net subsidy in the future.
    Prior to the Department's final determination to revoke the order, 
there were two opportunities for interested parties to request 
administrative reviews of this order for the periods January 1, 1992, 
through December 31, 1992, and January 1, 1993, through December 31, 
1993. HADEED submitted requests for administrative reviews of these 
periods and the Department initiated the reviews (58 FR 16397 (March 
26, 1993) and 59 FR 11768 (March 14, 1994)).
    Since the Department revoked the order effective December 31, 1991, 
there is no basis for completing the administrative reviews covering 
the 1992 and 1993 periods. Therefore, the Department is hereby 
terminating these reviews.

    Dated: March 10, 1995.
Joseph A. Spetrini,
Deputy Assistant Secretary for Compliance.
[FR Doc. 95-6812 Filed 3-17-95; 8:45 am]
BILLING CODE 3510-DS-P