[Federal Register Volume 86, Number 163 (Thursday, August 26, 2021)]
[Notices]
[Pages 47621-47622]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-18370]


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DEPARTMENT OF COMMERCE

International Trade Administration

[C-580-884]


Certain Hot-Rolled Steel Flat Products From the Republic of 
Korea: Final Results of Countervailing Duty Administrative Review; 2018

AGENCY: Enforcement and Compliance, International Trade Administration, 
Department of Commerce.

SUMMARY: The Department of Commerce (Commerce) determines that 
countervailable subsidies are being provided to Hyundai Steel Co., Ltd. 
(Hyundai Steel), a producer and exporter of certain hot-rolled steel 
flat products (hot-rolled steel) from the Republic of Korea (Korea). 
The period of review (POR) is January 1, 2018, through December 31, 
2018.

DATES: Applicable August 26, 2021.

FOR FURTHER INFORMATION CONTACT: Nathan James, AD/CVD Operations, 
Office V, Enforcement and Compliance, International Trade 
Administration, U.S. Department of Commerce, 1401 Constitution Avenue 
NW, Washington, DC 20230; telephone: (202) 482-5305.

SUPPLEMENTARY INFORMATION:

Background

    Commerce published the Preliminary Results of this review on 
February 22,

[[Page 47622]]

2021.\1\ On June 8, 2021, Commerce extended the deadline for the final 
results of this administrative review until August 20, 2021.\2\ On June 
24, 2021, Commerce issued a post-preliminary analysis relating to an 
electricity for less than adequate remuneration allegation.\3\ For a 
description of the events that occurred since the Preliminary Results, 
see the Issues and Decision Memorandum.\4\
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    \1\ See Certain Hot-Rolled Steel Flat Products from the Republic 
of Korea: Preliminary Results of Countervailing Duty Administrative 
Review; 2018, 86 FR 10533 (February 22, 2021) (Preliminary Results), 
and accompanying Preliminary Decision Memorandum.
    \2\ See Memorandum, ``Certain Hot-Rolled Steel Flat Products 
from the Republic of Korea: Extension of Deadline for Final Results 
of Countervailing Duty Administrative Review,'' dated June 8, 2021.
    \3\ See Memorandum, ``Countervailing Duty Administrative Review 
of Certain Hot-Rolled Steel Flat Products from the Republic of 
Korea: Post-Preliminary Analysis Memorandum--Electricity for Less 
Than Adequate Remuneration,'' dated June 25, 2021 (Post-Preliminary 
Analysis).
    \4\ See Memorandum, ``Issues and Decision Memorandum for the 
Final Results of the 2018 Administrative Review of the 
Countervailing Duty Order on Certain Hot-Rolled Steel Flat Products 
from the Republic of Korea,'' dated concurrently with, and hereby 
adopted by, this notice (Issues and Decision Memorandum).
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Scope of the Order

    The product covered by this order is hot-rolled steel. For a 
complete description of the scope of this order, see the Issues and 
Decision Memorandum.

Analysis of Comments Received

    We addressed all issues raised in interested parties' case briefs 
in the Issues and Decision Memorandum accompanying this notice. A list 
of the issues raised by parties, to which Commerce responded in the 
Issues and Decision Memorandum, is provided as an appendix to this 
notice. The Issues and Decision Memorandum is a public document and is 
on file electronically via Enforcement and Compliance's Antidumping and 
Countervailing Duty Centralized Electronic Service System (ACCESS). 
ACCESS is available to registered users at http://access.trade.gov. In 
addition, a complete version of the Issues and Decision Memorandum can 
be accessed directly at http://enforcement.trade.gov/frn/.

Changes Since the Preliminary Results

    After evaluating the comments received from interested parties and 
record information, we have made no changes to the net subsidy rate 
calculated for Hyundai Steel. For a discussion of these comments, see 
the Issues and Decision Memorandum.

Methodology

    Commerce conducted this review in accordance with section 
751(a)(1)(A) of the Tariff Act of 1930, as amended (the Act). For each 
of the subsidy programs found countervailable, we find that there is a 
subsidy, i.e., a government-provided financial contribution that gives 
rise to a benefit to the recipient, and that the subsidy is 
specific.\5\ For a description of the methodology underlying all of 
Commerce's conclusions, see the Issues and Decision Memorandum.
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    \5\ See sections 771(5)(B) and (D) of the Act regarding 
financial contribution; section 771(5)(E) of the Act regarding 
benefit; and section 771(5A) of the Act regarding specificity.
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Final Results of Administrative Review

    We determine that, for the period January 1, 2018, through December 
31, 2018, the following net countervailable subsidy rate exists:

------------------------------------------------------------------------
                                                           Subsidy rate
                         Company                            (percent ad
                                                             valorem)
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Hyundai Steel Co., Ltd..................................            0.51
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Disclosure

    No changes were made to the calculations since the Preliminary 
Results and Post-Preliminary Analysis; therefore, there are no 
calculations to release for Hyundai Steel.

Assessment Rate

    Pursuant to section 751(a)(1) of the Act and 19 CFR 351.212(b)(2), 
Commerce will determine, and U.S. Customs and Border Protection (CBP) 
shall assess, countervailing duties on all appropriate entries of 
subject merchandise in accordance with the final results of this 
review, for Hyundai Steel at the applicable ad valorem assessment rate 
listed. Commerce intends to issue assessment instructions to CBP no 
earlier than 35 days after the date of publication of the final results 
of this review in the Federal Register.\6\ If a timely summons is filed 
at the U.S. Court of International Trade, the assessment instructions 
will direct CBP not to liquidate relevant entries until the time for 
parties to file a request for a statutory injunction has expired (i.e., 
within 90 days of publication).
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    \6\ See Notice of Discontinuation of Policy to Issue Liquidation 
Instructions After 15 Days in Applicable Antidumping and 
Countervailing Duty Administrative Proceedings, 86 FR 3995 (January 
15, 2021).
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Cash Deposit Rates

    In accordance with section 751(a)(2)(C) of the Act, Commerce 
intends to instruct CBP to collect cash deposits of estimated 
countervailing duties in the amounts shown for the company listed 
above. For all non-reviewed firms, we will instruct CBP to continue to 
collect cash deposits of estimated countervailing duties at the most 
recent company-specific or all-others rate applicable to the company, 
as appropriate. These cash deposits, when imposed, shall remain in 
effect until further notice.

Administrative Protective Order

    This notice also serves as a final reminder to parties subject to 
administrative protective order (APO) of their responsibility 
concerning the return or destruction of proprietary information 
disclosed under APO in accordance with 19 CFR 351.305(a)(3). Timely 
written notification of the return/destruction of APO materials or 
conversion to judicial protective order is hereby requested. Failure to 
comply with the regulations and terms of an APO is a sanctionable 
violation.

Notice to Interested Parties

    These final results are issued and published in accordance with 
sections 751(a)(1) and 777(i)(1) of the Act and 19 CFR 351.221(b)(5).

    Dated: August 20, 2021.
Ryan Majerus,
Deputy Assistant Secretary for Policy and Negotiations.

Appendix--List of Topics Discussed in the Issues and Decision 
Memorandum

I. Summary
II. List of Issues
III. Background
IV. Scope of the Order
V. Period of Review
VI. Subsidies Valuation Information
VII. Analysis of Programs
VIII. Discussion of Comments
    Comment 1: Whether Electricity for LTAR Confers a Benefit
    Comment 2: Whether Commerce Properly Countervailed the Port 
Usage Rights Program
    Comment 3: Whether the Reduction for Sewerage Usage Fees Is 
Countervailable
IX. Recommendation

[FR Doc. 2021-18370 Filed 8-25-21; 8:45 am]
BILLING CODE 3510-DS-P