[Federal Register Volume 87, Number 3 (Wednesday, January 5, 2022)]
[Notices]
[Pages 428-429]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-28556]


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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 the Expedited First Sunset Review of the 
Countervailing Duty Order

AGENCY: Enforcement and Compliance, International Trade Administration, 
Department of Commerce.
SUMMARY: The Department of Commerce (Commerce) finds that revocation of 
the countervailing duty (CVD) order on certain hot-rolled steel flat 
products (hot-rolled steel) from the Republic of Korea (Korea) would be 
likely to lead to the continuation or recurrence of countervailable 
subsidies at the levels indicated in the ``Final Results of Sunset 
Review'' section of this notice.

DATES: Applicable January 5, 2022.

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

    On October 3, 2016, Commerce published in the Federal Register the 
CVD order on hot-rolled steel from Korea.\1\ On September 1, 2021, 
Commerce published the notice of initiation of the first sunset review 
of the CVD order on hot-rolled steel from Korea, pursuant to section 
751(c) of the Tariff Act of 1930, as amended (the Act).\2\ Commerce 
received timely notices of intent to participate from Cleveland-Cliffs 
Inc. (Cleveland-Cliffs), United States Steel Corporation (U.S. Steel), 
California Steel Industries (CSI), Steel Dynamics Inc. (SDI), and Nucor 
Corporation (Nucor) (collectively, domestic interested parties).\3\ The

[[Page 429]]

domestic interested parties claimed interested party status under 
section 771(9)(C) of the Act, as domestic producers of hot-rolled 
steel.
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    \1\ See Certain Hot-Rolled Steel Flat Products from Brazil and 
the Republic of Korea: Amended Final Affirmative Countervailing Duty 
Determinations and Countervailing Duty Orders, 81 FR 67960 (October 
3, 2016).
    \2\ See Initiation of Five-Year (Sunset) Reviews, 86 FR 48983 
(September 1, 2021).
    \3\ See Cleveland-Cliffs' Letter, ``Five-Year (`Sunset') Review 
Of Countervailing Duty Order On Certain Hot-Rolled Steel Flat 
Products from the Republic of Korea: Notice Of Intent To Participate 
In Sunset Review,'' dated September 16, 2021; U.S. Steel's Letter, 
``Five-Year (`Sunset') Review of Antidumping and Countervailing Duty 
Orders on Certain Hot-Rolled Steel Flat Products from the Republic 
of Korea: Notice of Intent to Participate,'' dated September 16, 
2021; CSI/SDI's Letter, ``Notice of Intent to Participate in the 
First Five-Year Review of the Countervailing Duty Order on Hot-
Rolled Steel Flat Products from Korea,'' dated September 16, 2021; 
and Nucor's Letter, ``Hot-Rolled Steel Flat Products from the 
Republic of Korea: Notice of Intent to Participate in Sunset 
Review,'' dated September 16, 2021.
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    On September 30, 2021, Commerce received a timely and adequate 
substantive response from the domestic interested parties.\4\ We 
received no substantive responses from any other interested parties, 
including the Government of Korea, nor was a hearing requested. On 
October 20, 2021, Commerce notified the U.S. International Trade 
Commission that we did not receive an adequate substantive response 
from any respondent interested parties.\5\ As a result, pursuant to 
751(c)(3)(B) of the Act and 19 CFR 351.218(e)(1)(ii)(C)(2), Commerce 
conducted an expedited (120-day) sunset review of the CVD order on hot-
rolled steel from Korea.
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    \4\ See Domestic Interested Parties' Letter, ``Substantive 
Response to Notice of Initiation of Sunset Review,'' dated September 
30, 2021.
    \5\ See Commerce's Letter, ``Sunset Reviews Initiated on 
September 1, 2021,'' dated October 20, 2021.
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Scope of the Order

    The product covered by this order is hot-rolled steel. For a full 
description of the scope, see the Issues and Decision Memorandum.\6\
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    \6\ See Memorandum, ``Issues and Decision Memorandum for the 
Final Results of the Expedited First Sunset 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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Analysis of Comments Received

    All issues raised in this sunset review are addressed in the 
accompanying Issues and Decision Memorandum, which is hereby adopted by 
this notice. A list of the topics discussed in the Issues and Decision 
Memorandum is attached 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 https://access.trade.gov. In 
addition, a complete version of the Issues and Decision Memorandum can 
be accessed directly at https://access.trade.gov/public/FRNoticesListLayout.aspx.

Final Results of Sunset Review

    Pursuant to sections 751(c)(1) and 752(b) of the Act, Commerce 
determines that revocation of the order would be likely to lead to the 
continuation or recurrence of countervailable subsidies at the rates 
listed below:

------------------------------------------------------------------------
                                                           Subsidy rate
                    Producer/exporter                        (percent)
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POSCO...................................................           41.64
Hyundai Steel Co., Ltd..................................            3.98
All Others..............................................            3.89
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Notification Regarding Administrative Protective Order (APO)

    This notice also serves as the only reminder to parties subject to 
an APO of their responsibility concerning the destruction of 
proprietary information disclosed under APO in accordance with 19 CFR 
351.305. Timely written notification of the return or 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.

Notification to Interested Parties

    We are issuing and publishing these results in accordance with 
sections 751(c), 752(b), and 777(i)(1) of the Act, and 19 CFR 351.218.

    Dated: December 29, 2021.
Ryan Majerus,
Deputy Assistant Secretary for Policy and Negotiations, Performing the 
Non-Exclusive Functions and Duties of the Assistant Secretary for 
Enforcement and Compliance.

Appendix

List of Issues Addressed in the Issues and Decision Memorandum

I. Summary
II. Background
III. Scope of the Order
IV. History of the Order
V. Legal Framework
VI. Discussion of the Issues
    1. Likelihood of Continuation or Recurrence of Countervailable 
Subsidies
    2. Net Countervailable Subsidy Rates Likely to Prevail
    3. Nature of the Subsidies
VII. Final Results of Review
VIII. Recommendation

[FR Doc. 2021-28556 Filed 1-4-22; 8:45 am]
BILLING CODE 3510-DS-P