Certain Cut-to-Length Carbon-Quality Steel Plate From the Republic of Korea: Final Results of Countervailing Duty Administrative Review; 2022

<NOTICE> DEPARTMENT OF COMMERCE <SUBAGY>International Trade Administration</SUBAGY> <DEPDOC>[C-580-837]</DEPDOC> <SUBJECT>Certain Cut-to-Length Carbon-Quality Steel Plate From the Republic of Korea: Final Results of Countervailing Duty Administrative Review; 2022</SUBJECT> <HD SOURCE="HED">AGENCY:</HD> Enforcement and Compliance, International Trade Administration, Department of Commerce. <SUM> <HD SOURCE="HED">SUMMARY:</HD> The U.S. Department of Commerce (Commerce) determines that certain producers and exporters of certain cut-to-length carbon-quality steel plate (CTL plate) from the Republic of Korea (Korea) received countervailable subsidies during the period of review (POR) January 1, 2022, through December 31, 2022. </SUM> <DATES> <HD SOURCE="HED">DATES:</HD> Applicable September 11, 2024. </DATES> <FURINF> <HD SOURCE="HED">FOR FURTHER INFORMATION CONTACT:</HD> Kristen Johnson or Patrick Barton, AD/CVD Operations, Office III, Enforcement and Compliance, International Trade Administration, U.S. Department of Commerce, 1401 Constitution Avenue NW, Washington, DC 20230; telephone: (202) 482-4793 or (202) 482-0012, respectively. </FURINF> <SUPLINF> <HD SOURCE="HED">SUPPLEMENTARY INFORMATION:</HD> <HD SOURCE="HD1">Background</HD> On March 5, 2024, Commerce published the <E T="03">Preliminary Results</E> of this administrative review in the <E T="04">Federal Register</E> and invited interested parties to comment. <SU>1</SU> <FTREF/> On June 21, 2024, Commerce extended the deadline for issuing the final results of this review until August 30, 2024. <SU>2</SU> <FTREF/> On July 22, 2024, Commerce tolled certain deadlines in this administrative proceeding by seven days. <SU>3</SU> <FTREF/> The deadline for the final results is now September 6, 2024. <FTNT> <SU>1</SU>   <E T="03">See Certain Cut-to-Length Carbon-Quality Steel Plate from the Republic of Korea: Preliminary Results and Partial Rescission of Countervailing Duty Administrative Review; 2022,</E> 89 FR 15825 (March 5, 2024) (89 FR 15825) ( <E T="03">Preliminary Results</E> ), and accompanying Preliminary Decision Memorandum. </FTNT> <FTNT> <SU>2</SU>   <E T="03">See</E> Memorandum, “Extension of Deadline for Final Results of Countervailing Duty Administrative Review; 2022,” dated June 21, 2024. </FTNT> <FTNT> <SU>3</SU>   <E T="03">See</E> Memorandum, “Tolling of Deadlines for Antidumping and Countervailing Duty Proceedings,” dated July 22, 2024. </FTNT> For a complete description of the events that occurred since the <E T="03">Preliminary Results, see</E> the Issues and Decision Memorandum. <SU>4</SU> <FTREF/> A list of topics discussed in the Issues and Decision Memorandum is included 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 <E T="03">https://access.trade.gov.</E> In addition, a complete version of the Issues and Decision Memorandum can be accessed directly at <E T="03">https://access.trade.gov/public/FRNoticesListLayout.aspx.</E> <FTNT> <SU>4</SU>   <E T="03">See</E> Memorandum, “Decision Memorandum for the Final Results of the Administrative Review of the Countervailing Duty Order on Certain Cut-To-Length Carbon-Quality Steel Plate from the Republic of Korea; 2022,” dated concurrently with, and hereby adopted by, this notice (Issues and Decision Memorandum). </FTNT> <HD SOURCE="HD1"> Scope of the Order  <E T="51">5</E> <E T="03">See Notice of Amended Final Determination: Certain Cut-to-Length Carbon-Quality Steel Plate from India and the Republic of Korea; and Notice of Countervailing Duty Orders: Certain Cut-to-Length Carbon-Quality Steel Plate from France, India, Indonesia, Italy, and the Republic of Korea,</E> 65 FR 6587 (February 10, 2000) ( <E T="03">Order</E> ). </FTNT> The product covered by this <E T="03">Order</E> is certain cut-to-length carbon-quality steel plate. For a complete description of the scope of this <E T="03">Order, see</E> the Issues and Decision Memorandum. <HD SOURCE="HD1">Analysis of Subsidy Programs and Comments Received</HD> 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 countervailable, we find that there is a subsidy, <E T="03">i.e.,</E> a government-provided financial contribution that gives rise to a benefit to the recipient, and that the subsidy is specific. <SU>6</SU> <FTREF/> The subsidy programs under review, and the issues raised in case and rebuttal briefs submitted by the interested parties, are discussed in the Issues and Decision Memorandum. <FTNT> <SU>6</SU>   <E T="03">See</E> 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. </FTNT> <HD SOURCE="HD1">Changes Since the Preliminary Results</HD> Based on a review of the record and comments received from interested parties regarding our <E T="03">Preliminary Results,</E> and for the reasons explained in the Issues and Decision Memorandum, we made modifications to Dongkuk Steel Mill Co., Ltd.'s calculations for these final results of review. <HD SOURCE="HD1">Final Results of Administrative Review</HD> We determine the following net countervailable subsidy rates for the period January 1, 2022, through December 31, 2022: <FTREF/> <FTNT> <SU>7</SU>  Commerce finds Hyundai Green Power to be cross-owned with Hyundai Steel. </FTNT> <GPOTABLE COLS="2" OPTS="L2,tp0,i1" CDEF="s50,12"> <TTITLE> </TTITLE> <CHED H="1">Producer/exporter</CHED> <CHED H="1"> Subsidy rate (percent <E T="03">ad valorem</E> <ENT I="01">Dongkuk Steel Mill Co., Ltd</ENT> <ENT>2.01</ENT> </ROW> <ROW> <ENT I="01"> Hyundai Steel Company  <ENT>2.21</ENT> </ROW> </GPOTABLE> <HD SOURCE="HD1">Disclosure</HD> Commerce intends to disclose the calculations performed for these final results of review within five days of the date of publication of this notice in the <E T="04">Federal Register</E> , in accordance with 19 CFR 351.224(b). <HD SOURCE="HD1">Assessment Rates</HD> Pursuant to 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 of subject merchandise covered by this review. 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 <E T="04">Federal Register</E> . 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 ( <E T="03">i.e.,</E> within 90 days of publication). <HD SOURCE="HD1">Cash Deposit Requirements</HD> 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 companies subject to this review 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 companies, 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. <HD SOURCE="HD1">Administrative Protective Order (APO)</HD> This notice also serves as a final reminder to parties subject to an 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 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 violation subject to sanction. <HD SOURCE="HD1">Notice to Interested Parties</HD> These final results are issued and published in accordance with sections 751(a)(1) and 777(i)(1) of the Act, and 19 CFR 351.213(d)(4) and 19 CFR 351.221(b)(5). <SIG> <DATED>Dated: September 5, 2024.</DATED> <NAME>Abdelali Elouaradia,</NAME> Deputy Assistant Secretary for Enforcement and Compliance. </SIG> <HD SOURCE="HD1">Appendix</HD> <EXTRACT> <HD SOURCE="HD1">List of Topics Discussed in the Issues and Decision Memorandum</HD> <FP SOURCE="FP-2">I. Summary</FP> <FP SOURCE="FP-2">II. Background</FP> <FP SOURCE="FP-2"> III. Scope of the <E T="03">Order</E> </FP> <FP SOURCE="FP-2">IV. Subsidies Valuation Information</FP> <FP SOURCE="FP-2">V. Analysis of Programs</FP> <FP SOURCE="FP-2">VI. Discussion of the Issues</FP> <FP SOURCE="FP1-2">Comment 1: Whether the Provision of Electricity Was Consistent With Market Principles During the POR</FP> <FP SOURCE="FP1-2">Comment 2: Whether the Provision of Electricity for Less Than Adequate Renumeration (LTAR) Program Is Specific</FP> <FP SOURCE="FP1-2">Comment 3: Whether Commerce Should Revise its Analysis of the Largest Electricity Consuming Industries</FP> <FP SOURCE="FP1-2">Comment 4: Whether To Modify the Benefit Calculation for the Provision of Electricity for LTAR Program</FP> <FP SOURCE="FP1-2">Comment 5: Whether the Provision of Korean Allocation Units (KAUs) Constitutes a Financial Contribution</FP> <FP SOURCE="FP1-2">Comment 6: Whether the Provision of KAUs Confers a Coun ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Preview showing 10k of 11k characters. Full document text is stored and available for version comparison. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━