[Federal Register Volume 64, Number 154 (Wednesday, August 11, 1999)]
[Notices]
[Pages 43672-43673]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-20734]


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DEPARTMENT OF COMMERCE

International Trade Administration


Notice of Postponement of Time Limit for Countervailing Duty 
Investigation: Certain Cold-Rolled Flat-Rolled Carbon-Quality Steel 
Products From Brazil

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

ACTION: Notice of postponement of time limit for preliminary 
determination of countervailing duty investigation.

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SUMMARY: The Department of Commerce is extending the time limit of the 
preliminary determination in the countervailing duty investigation of 
certain cold-rolled flat-rolled carbon-quality steel products from 
Brazil because we deem this investigation to be extraordinarily 
complicated, and determine that additional time is necessary to make 
the preliminary determination.

EFFECTIVE DATE: August 11, 1999.

FOR FURTHER INFORMATION CONTACT: Dana Mermelstein at (202) 482-0984 or 
Javier Barrientos at (202) 482-2849, Import Administration, 
International Trade Administration, U.S. Department of Commerce, 14th 
Street and Constitution Avenue, NW, Washington, DC 20230.

SUPPLEMENTARY INFORMATION:

Applicable Statute

    Unless otherwise indicated, all citations to the statute are 
references to the provisions effective January 1, 1995, the effective 
date of the amendments made to the Tariff Act of 1930 (the Act) by the 
Uruguay Round Agreements Act.

Postponement

    On June 21, 1999, the Department of Commerce (the Department) 
initiated a countervailing duty investigation of certain cold-rolled 
flat-rolled carbon-quality steel products from Brazil. See Initiation 
of Countervailing Duty Investigations: Certain Cold-Rolled Flat-

[[Page 43673]]

Rolled-Carbon-Quality Steel Products from Brazil, Indonesia, Thailand 
and Venezuela, 64 FR 34201 (June 25, 1999). The preliminary 
determination currently must be issued by August 25, 1999. Respondents 
have indicated that they will be cooperating in the investigation. In 
November 1998, the Department issued new countervailing duty 
regulations (see, Countervailing Duties; Final Rule 63 FR 65341 
(November 25, 1998), which have new provisions that are applicable in 
this case, particularly with respect to equityworthiness, 
creditworthiness and discount rates. Accordingly, as detailed in the 
August 4, 1999 Memorandum to Robert S. LaRussa, Assistant Secretary for 
Import Administration (on file in the public file of the Central 
Records Unit, Room B-099 of the Department of Commerce), we deem this 
investigation to be extraordinarily complicated by reason of the 
novelty of the issues presented, and determine that additional time is 
necessary to make the preliminary determination. Therefore, pursuant to 
section 703(c)(1) of the Tariff Act of 1930, as amended (``the Act''), 
we are postponing the preliminary determination in this investigation 
to no later than September 27, 1999. This notice is published pursuant 
to section 703(c)(2) of the Act.

    Dated: August 5, 1999.
Robert S. LaRussa,
Assistant Secretary for Import Administration.
[FR Doc. 99-20734 Filed 8-10-99; 8:45 am]
BILLING CODE 3510-DS-P