[Federal Register Volume 89, Number 134 (Friday, July 12, 2024)]
[Notices]
[Pages 57131-57132]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-15332]


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DEPARTMENT OF COMMERCE

International Trade Administration

[C-570-105]


Carbon and Alloy Steel Threaded Rod From the People's Republic of 
China: Final Results of Countervailing Duty Administrative Review; 2022

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

SUMMARY: The U.S. Department of Commerce (Commerce) determines that 
certain producers and exporters of carbon and alloy steel threaded rod 
(steel threaded rod) from the People's Republic of China (China) 
received countervailable subsidies during the period of review (POR) 
January 1, 2022, through December 31, 2022.

DATES: Applicable July 12, 2024.

FOR FURTHER INFORMATION CONTACT: Bryan Hansen or Thomas Schauer, AD/CVD 
Operations, Office I, Enforcement and Compliance, International Trade 
Administration, U.S. Department of Commerce, 1401 Constitution Avenue 
NW, Washington, DC 20230; telephone: (202) 482-3683 or (202) 482-0410, 
respectively.

SUPPLEMENTARY INFORMATION:

Background

    On April 9, 2020, Commerce published in the Federal Register the 
countervailing duty order on steel threaded rod from China.\1\ On April 
3, 2024, Commerce published the preliminary results of the 2022 
administrative review of the Order and invited comments from interested 
parties.\2\ For a complete description of the events that occurred 
since the Preliminary Results, see the Issues and Decision 
Memorandum.\3\
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    \1\ See Carbon and Alloy Steel Threaded Rod from India and the 
People's Republic of China: Countervailing Duty Orders, 85 FR 19927 
(April 9, 2020) (Order).
    \2\ See Carbon and Alloy Steel Threaded Rod from the People's 
Republic of China: Preliminary Results and Partial Rescission of the 
Countervailing Duty Administrative Review; 2022, 89 FR 22999 (April 
3, 2024) (Preliminary Results), and accompanying Preliminary 
Decision Memorandum (PDM).
    \3\ See Memorandum, ``Issues and Decision Memorandum for the 
Final Results of the Administrative Review of the Countervailing 
Duty Order on Carbon and Alloy Steel Threaded Rod from the People's 
Republic of China; 2022,'' 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 the Order is steel threaded rod from China. 
For a full description of the scope of the Order, see the Issues and 
Decision Memorandum.

Analysis of Comments Received

    All issues raised by Ningbo Zhenghai Yongding Fastener Co., Ltd., 
in its case brief, are addressed in the Issues and Decision 
Memorandum.\4\ A list of the issues raised 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.
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    \4\ No other interested parties filed a case or rebuttal brief.
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Changes Since the Preliminary Results

    Based on our analysis of comments received and the evidence on the 
record, we made certain changes to the calculations of Ningbo Zhenghai 
Yongding Fastener Co., Ltd.'s benefits for three programs: (1) 
provision of wire rod at less than adequate remuneration (LTAR); (2) 
provision of steel bar at LTAR; and (3) provision of electricity at 
LTAR. For a discussion of these changes, see the Issues and Decision 
Memorandum.

Methodology

    Commerce conducted this administrative 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 to be countervailable, we 
determine 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 full description of the 
methodology underlying Commerce's conclusions, including our reliance, 
in part, on facts otherwise available with adverse inferences pursuant 
to sections 776(a) and (b) of the Act, 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 Review

    We find the following net countervailable subsidy rates for the 
period January 1, 2022, through December 31, 2022:
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    \6\ As discussed in the Preliminary Results PDM, Commerce has 
found Ningbo Yongzan Machinery Parts Co., Ltd. to be cross-owned 
with Ningbo Zhenghai Yongding Fastener Co., Ltd.

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                                                           Subsidy Rate
                         Company                            (percent ad
                                                             valorem)
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Ningbo Zhenghai Yongding Fastener Co., Ltd.\6\..........            7.66
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Disclosure

    We intend to disclose the calculations performed for these final 
results of review within five days after the date of publication of 
this notice in the Federal Register in accordance with 19 CFR 
351.224(b).

Assessment

    In accordance with section 751(a)(2)(C) of the Act and 19 CFR 
351.212(b)(2), Commerce has determined, and U.S. Customs and Border 
Protection (CBP) shall assess, countervailing duties on all appropriate 
entries covered by this review for Ningbo Zhenghai Yongding Fastener 
Co., Ltd. at the applicable ad valorem assessment rate listed. Commerce 
intends to issue assessment instructions to CBP no earlier than 35 days 
after 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

    In accordance with section 751(a)(1) of the Act, Commerce also 
intends to instruct CBP to collect cash deposits of estimated 
countervailing duties in the amounts shown for the companies listed 
above for shipments of subject merchandise entered, or withdrawn from 
warehouse, for consumption on or after the date of publication of the 
final results of this administrative review. For all non-reviewed 
firms, we will instruct CBP to continue to collect cash deposits of 
estimated countervailing duties at the

[[Page 57132]]

all-others rate (i.e., 41.17 percent) \7\ or the most recent company-
specific rate applicable to the company, as appropriate. These cash 
deposit requirements, effective upon publication of these final 
results, shall remain in effect until further notice.
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    \7\ See Order, 85 FR at 19928.
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Administrative Protective Order

    This notice also serves as a final reminder to parties subject to 
an administrative protective order (APO) of their responsibility 
concerning the disposition 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

    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: July 8, 2024.
Abdelali Elouaradia,
Deputy Assistant Secretary for Enforcement and Compliance.

Appendix

List of Topics Discussed in the Issues and Decision Memorandum

I. Summary
II. Background
III. Scope of the Order
IV. Subsidies Valuation
V. Analysis of Programs
VI. Discussion of the Issues
    Comment 1: Electricity Rate Benchmarks
    Comment 2: Container Size for Benchmark Price for Wire Rod and 
Steel Bar
    Comment 3: Value-Added Tax (VAT) in the Wire Rod and Steel Bar 
Prices
    Comment 4: Ukrainian Benchmark Prices for Wire Rod
VII. Recommendation

[FR Doc. 2024-15332 Filed 7-11-24; 8:45 am]
BILLING CODE 3510-DS-P