[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:

------------------------------------------------------------------------
                  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