[Federal Register Volume 73, Number 170 (Tuesday, September 2, 2008)]
[Notices]
[Page 51317]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-20227]


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INTERNATIONAL TRADE COMMISSION

[Investigation Nos. 701-TA-452 and 731-TA-1129-1130 (Final)]


Raw Flexible Magnets From China and Taiwan

Determinations

    On the basis of the record \1\ developed in the subject 
investigations, the United States International Trade Commission 
(Commission) determines, pursuant to section 705(b) of the Tariff Act 
of 1930 (19 U.S.C. 1671d(b)) (the Act), that an industry in the United 
States is threatened with material injury by reason of imports from 
China of raw flexible magnets, provided for in subheadings 8505.19.10 
and 8505.19.20 of the Harmonized Tariff Schedule of the United States, 
that have been found by the Department of Commerce (Commerce) to be 
subsidized by the Government of China.\2\ The Commission further 
determines, pursuant to section 735(b) of the Act (19 U.S.C. 1673d(b)), 
that an industry in the United States is threatened with material 
injury by reason of imports from China and Taiwan of raw flexible 
magnets that have been found by Commerce to be sold in the United 
States at less than fair value (LTFV).\3\ \4\ In addition, the 
Commission determines that it would not have found material injury but 
for the suspension of liquidation.
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    \1\ The record is defined in sec. 207.2(f) of the Commission's 
Rules of Practice and Procedure (19 CFR 207.2(f)).
    \2\ Commissioner Charlotte R. Lane determines that an industry 
in the United States is materially injured by reason of such 
imports.
    \3\ Commissioner Charlotte R. Lane determines that an industry 
in the United States is materially injured by reason of such 
imports.
    \4\ Vice Chairman Daniel R. Pearson and Commissioner Deanna 
Tanner Okun determine that an industry in the United States is 
neither materially injured nor threatened with material injury by 
reason of such imports from Taiwan.
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Background

    The Commission instituted these investigations effective September 
21, 2007, following receipt of a petition filed with the Commission and 
Commerce by Magnum Magnetics Corp., Marietta, OH. The final phase of 
the investigations was scheduled by the Commission following 
notification of preliminary determinations by Commerce that imports of 
raw flexible magnets from China were being subsidized within the 
meaning of section 703(b) of the Act (19 U.S.C. 1671b(b)), and that 
imports of raw flexible magnets from China and Taiwan were being sold 
at LTFV within the meaning of section 733(b) of the Act (19 U.S.C. 
1673b(b)). Notice of the scheduling of the final phase of the 
Commission's investigations and of a public hearing to be held in 
connection therewith was given by posting copies of the notice in the 
Office of the Secretary, U.S. International Trade Commission, 
Washington, DC, and by publishing the notice in the Federal Register of 
May 8, 2008 (73 FR 26145). The hearing was held in Washington, DC, on 
July 10, 2008, and all persons who requested the opportunity were 
permitted to appear in person or by counsel.
    The Commission transmitted its determinations in these 
investigations to the Secretary of Commerce on August 25, 2008. The 
views of the Commission are contained in USITC Publication 4030 (August 
2008), entitled Raw Flexible Magnets from China and Taiwan: 
Investigations No. 701-TA-452 and 731-TA-1129-1130 (Final).

    Issued: August 25, 2008.

    By order of the Commission.
Marilyn R. Abbott,
Secretary to the Commission.
[FR Doc. E8-20227 Filed 8-29-08; 8:45 am]
BILLING CODE 7020-02-P