[Federal Register Volume 88, Number 227 (Tuesday, November 28, 2023)]
[Notices]
[Pages 83079-83081]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-26135]


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DEPARTMENT OF COMMERCE

International Trade Administration

[A-580-891]


Carbon and Alloy Steel Wire Rod From the Republic of Korea: Final 
Results of Antidumping Duty Administrative Review; 2021-2022

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

SUMMARY: The U.S. Department of Commerce (Commerce) determines that 
carbon and alloy steel wire rod (wire rod) from the Republic of Korea 
(Korea) were not sold in the United States at less than normal value 
during the period of review (POR), May 1, 2021, through April 30, 2022.

DATES: Applicable November 28, 2023.

FOR FURTHER INFORMATION CONTACT: Lingjun Wang, AD/CVD Operations, 
Office VII, Enforcement and Compliance, International Trade 
Administration, U.S. Department of Commerce, 1401 Constitution Avenue 
NW, Washington, DC 20230; telephone: (202) 482-2316.

SUPPLEMENTARY INFORMATION:

Background

    On June 2, 2023, Commerce published the Preliminary Results of this 
administrative review in accordance with sections 751(a)(1) and 
777(i)(1) of the Tariff Act of 1930, as amended (the Act).\1\ POSCO/
POSCO International Corporation (PIC) is the sole producer and exporter 
that is subject to this administrative review. Between July and August 
2023, we conducted sales verifications of the questionnaire responses 
in accordance with section 782(i) of the Act.\2\ Following the

[[Page 83080]]

verifications, we invited interested parties to submit case and 
rebuttal briefs.\3\ We received no comments from interested parties. 
Accordingly, no decision memorandum accompanies this Federal Register 
notice.
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    \1\ See Carbon and Alloy Steel Wire Rod from the Republic of 
Korea: Preliminary Results of Antidumping Duty Administrative 
Review; 2021-2022, 88 FR 36277 (June 2, 2023) (Preliminary Results), 
and accompanying Preliminary Decision Memorandum (PDM).
    \2\ See Memoranda, ``CEP Sales Verification Report for POSCO 
International America Corporation'' and ``Sales Verification Report 
for POSCO and POSCO International Corporation,'' both dated October 
27, 2023.
    \3\ See Memorandum, ``Briefing Schedule,'' dated October 27, 
2023.
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    POSCO filed a hearing request on July 3, 2023, and subsequently 
withdrew its request on November 9, 2023.\4\ On September 22, 2023, we 
extended the deadline for the final results to no later than November 
29, 2023.\5\ Commerce conducted this review in accordance with section 
751(a) of the Act.
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    \4\ See POSCO's Letters, ``Request for Public Hearing,'' dated 
July 3, 2023, and ``Withdrawal of Request for Public Hearing,'' 
dated November 9, 2023.
    \5\ Memorandum, ``Extension of Deadline for Final Results,'' 
dated September 22, 2023.
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Scope of the Order \6\
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    \6\ See Carbon and Alloy Steel Wire Rod from Italy, the Republic 
of Korea, Spain, the Republic of Turkey, and the United Kingdom: 
Antidumping Duty Orders and Amended Final Affirmative Antidumping 
Duty Determinations for Spain and the Republic of Turkey, 83 FR 
23417 (May 21, 2018) (Order).
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    The scope of the Order includes certain hot-rolled products of 
carbon steel and alloy steel, in coils, of approximately round cross 
section, less than 19.00 mm in actual solid cross-sectional diameter. 
On April 8, 2019, Commerce excluded from the scope of the Order grade 
1078 and higher tire cord quality wire rod used in the production of 
tire cord wire.\7\ On June 13, 2019, Commerce excluded from the scope 
of the Order valve spring quality steel products defined as wire 
rod.\8\ For a complete description of the scope of the Order, see 
Preliminary Results PDM.
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    \7\ See Carbon and Alloy Steel Wire Rod from the Republic of 
Korea and the United Kingdom: Notice of Final Results of Antidumping 
Duty Changed Circumstances Review, 84 FR 13888 (April 8, 2019).
    \8\ See Carbon and Alloy Steel Wire Rod from the Republic of 
Korea: Final Results of Antidumping Duty Changed Circumstances 
Review, 84 FR 27582 (June 13, 2019).
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Changes Since the Preliminary Results

    In the Preliminary Results, we used the quarterly cost 
methodology.\9\ While preparing the verification outlines, we found 
that we did not deploy the methodology properly in the preliminarily 
margin calculation program. For these final results, we corrected the 
error in the final margin calculation program, and that correction did 
not change the preliminarily weighted-average dumping margin.\10\
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    \9\ See Preliminarily Results PDM at 16-17.
    \10\ See Memorandum, ``Final Calculation Memorandum for POSCO,'' 
dated concurrently with this notice.
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Final Results of the Review

    We determine that the following estimated weighted-average dumping 
margin exists for the period May 1, 2021, through April 30, 2022:

------------------------------------------------------------------------
                                                              Weighted-
                                                               average
                     Producer/exporter                         dumping
                                                                margin
                                                              (percent)
------------------------------------------------------------------------
POSCO/POSCO International Corporation......................        0.00
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Disclosure

    We intend to disclose to interested parties the corrected margin 
calculation program within five days of the publication date of this 
notice, in accordance with 19 CFR 351.224(b).

Assessment Rates

    Pursuant to section 751(a)(2)(C) of the Act and 19 CFR 
351.212(b)(1), Commerce has determined, and U.S. Customs and Border 
Protection (CBP) shall assess, antidumping duties on all appropriate 
entries of subject merchandise in accordance with the final results of 
this review.\11\ Because POSCO's weighted-average dumping margin is 
zero percent, we intend to instruct CBP to liquidate the appropriate 
entries without regard to antidumping duties.
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    \11\ See Antidumping Proceeding: Calculation of the Weighted-
Average Dumping Margin and Assessment Rate in Certain Antidumping 
Duty Proceedings; Final Modification, 77 FR 8101 (February 14, 
2012).
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    In accordance with Commerce's practice, for entries of subject 
merchandise during the POR produced by POSCO for which it did not know 
its merchandise was destined for the United States, we intend to 
instruct CBP to liquidate such entries at the all-others rate if there 
is no company-specific rate for the intermediate company(ies) involved 
in the transaction.\12\
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    \12\ See Antidumping and Countervailing Duty Proceedings: 
Assessment of Antidumping Duties, 68 FR 23954 (May 6, 2003).
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    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. 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).

Cash Deposit Requirements

    The following cash deposit requirements will be effective for all 
shipments of subject merchandise entered, or withdrawn from warehouse, 
for consumption on or after the publication date of the final results 
of this administrative review, as provided by section 751(a)(2)(C) of 
the Act: (1) the cash deposit rate for POSCO will be zero; (2) for 
previously-investigated companies not participating in this review, the 
cash deposit rate will continue to be the company-specific rate 
published for the most recently completed segment of this proceeding; 
(3) if the exporter was not covered in this review or the 
investigation, but the producer was covered, the cash deposit rate will 
be the rate established in the most recently completed segment of this 
proceeding for the producer of subject merchandise; and (4) the cash 
deposit rate for all other producers or exporters will continue to be 
41.10 percent, the all-others rate established in the original less-
than-fair-value investigation.\13\ These cash deposit requirements, 
when imposed, shall remain in effect until further notice.
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    \13\ See Order.
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Notification to Importers

    This notice serves as a final reminder to importers of their 
responsibility under 19 CFR 351.402(f)(2) to file a certificate 
regarding the reimbursement of antidumping duties prior to liquidation 
of the relevant entries during this review period. Failure to comply 
with this requirement could result in the presumption that 
reimbursement of antidumping duties occurred and the subsequent 
assessment of doubled antidumping duties.

Administrative Protective Order

    This notice also serves as the only reminder to parties subject to 
an administrative protective order (APO) of their responsibility 
concerning the destruction of proprietary information disclosed under 
APO in accordance with 19 CFR 351.305(a)(3). 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 final results in accordance 
with sections

[[Page 83081]]

751(a)(1) and 777(i)(1) of the Act, and 19 CFR 351.213(h) and 
351.221(b)(5).

    Dated: November 20, 2023.
Abdelali Elouaradia,
Deputy Assistant Secretary for Enforcement and Compliance.
[FR Doc. 2023-26135 Filed 11-27-23; 8:45 am]
BILLING CODE 3510-DS-P