Federal Register / Vol. 62, No. 223 / Wednesday, November 19, 1997 / Notices 61751

some portion of these general expenses

might be broadly attributable to U.S.

sales, they would only relate to the sale

by Highveld to Newco and are,

therefore, not expenses attributable to

the sale to the unaffiliated purchaser.

DOC Position

We agree with respondents. The

Department only deducts indirect

selling expenses incurred in the country

of manufacture which are specifically

related to commercial activity in the

United States. (See Calcium Aluminate

Flux From France: Preliminary Results

of Antidumping Duty Administrative

Review, 61 FR 40396, 40397 (August 2,

1996).) At verification, we found that

the expenses at issue were general in

nature and did not relate specifically to

U.S. commercial activity. Therefore,

consistent with our preliminary

determination, we did not deduct these

expenses from CEP for the final

determination.

Suspension of Liquidation

On October 24, 1997, the Department

signed a suspension agreement with

Iscor and Highveld suspending this

investigation. Pursuant to section

734(f)(2)(A) of the Act, we are

instructing Customs to terminate the

suspension of liquidation of all entries

of cut-to-length carbon steel plate from

South Africa. Any cash deposits of

entries of cut-to-length carbon steel

plate from South Africa shall be

refunded and any bonds shall be

released.

On October 14, 1997, we received a

request from petitioners requesting that

we continue the investigation. We

received a separate request for

continuation from the United

Steelworkers of America, an interested

party under section 771(9)(D) of the Act

on October 15, 1997. Pursuant to these

requests, we have continued and

completed the investigation in

accordance with section 734(g) of Act.

We have found the following margins of

dumping:

Manufacturer/producer/exporter

Weightaverage

margin

percentage

Highveld ........................................ 26.01

Iscor .............................................. 50.87

All Other ........................................ 38.36

ITC Notification

In accordance with section 735(d) of

the Act, we have notified the ITC of our

determination. As our determination is

affirmative, the ITC will determine,

within 45 days, whether these imports

are causing material injury, or threat of

material injury, to an industry in the

United States. If the ITC’s injury

determination is negative, the agreement

will have no force or effect, and the

investigation will be terminated (see

section 734(f)(3)(A) of the Act). If the

ITC’s determination is affirmative, the

Department will not issue an

antidumping duty order as long as the

suspension agreement remains in force

(see section 734(f)(3)(B) of the Act).

This determination is published

pursuant to section 735(d) of the Act.

Dated: October 24, 1997.

Robert S. LaRussa,

Assistant Secretary for Import

Administration.

[FR Doc. 97–30389 Filed 11–18–97; 8:45 am]

BILLING CODE 3510–DS–P

DEPARTMENT OF COMMERCE

[A–791–804]

Suspension of Antidumping Duty

Investigation: Certain Cut-to-Length

Carbon Steel Plate From South Africa

AGENCY: Import Administration,

International Trade Administration,

Department of Commerce.

SUMMARY: The Department of Commerce

(the Department) has suspended the

antidumping duty investigation

involving certain cut-to-length carbon

steel plate (CTL plate) from South

Africa. The basis for this action is an

agreement between the Department and

Iscor Ltd. (Iscor) and Highveld Steel and

Vanadium Corporation Ltd. (Highveld)

to revise their prices to eliminate

completely sales of this merchandise to

the United States at less than fair value.

EFFECTIVE DATE: October 24, 1997.

FOR FURTHER INFORMATION CONTACT:

Charles Rast, Nancy Decker, or Linda

Ludwig, Office of AD/CVD Enforcement

III, Import Administration, International

Trade Administration, U.S. Department

of Commerce, 14th & Constitution

Avenue N.W., Washington, D.C. 20230;

telephone (202) 482–5811, (202) 482–

0196, or (202) 482–3833, respectively.

SUPPLEMENTARY INFORMATION:

Background

On December 3, 1996, the Department

initiated an antidumping investigation

under section 732 of the Tariff Act of

1930, (the Act), as amended, to

determine whether imports of CTL plate

from South Africa are being or are likely

to be sold in the United States at less

than fair value (61 FR 64051 (December

3, 1996)). On December 19, 1996, the

United States International Trade

Commission (ITC) notified the

Department of its affirmative

preliminary injury determination (see

ITC Investigation Nos. 731–TA–753–

756). On June 2, 1996, the Department

preliminarily determined that CTL plate

is being, or is likely to be, sold in the

United States at less than fair value

(LTFV), as provided in section 733 of

the Tariff Act of 1930, as amended by

the Uruguay Round Agreements Act (62

FR 31967 (June 11, 1997)).

The Department and Iscor and

Highveld initialed a proposed

agreement suspending this investigation

on September 25, 1997. On September

26, 1997, we invited interested parties

to provide written comments on the

agreement and received comments from

Geneva Steel, Gulf States Steel, Iscor

and Highveld.

The Department and Iscor and

Highveld signed the final suspension

agreement on October 24, 1997.

Scope of Investigation

See Notice of Final Determination of

Sales at Less Than Fair Value: Certain

Cut-to-Length Carbon Steel Plate from

South Africa, signed October 24, 1997.

Suspension of Investigation

The Department consulted with the

parties to the proceeding and has

considered the comments submitted

with respect to the proposed suspension

agreement. In accordance with Section

734(b) of the Act, we have determined

that the agreement will completely

eliminate sales at less than fair value,

that the agreement is in the public

interest, and that the agreement can be

monitored effectively. See Public

Interest Memorandum, October 24,

1997. We find, therefore, that the

criteria for suspension of an

investigation pursuant to section 734(b)

of the Act have been met. The terms and

conditions of this agreement, signed

October 24, 1997, are set forth in Annex

1 to this notice.

Pursuant to section 734(f)(2)(A) of the

Act, the suspension of liquidation of all

entries of cut-to-length carbon steel

plate from South Africa entered or

withdrawn from warehouse, for

consumption, as directed in our Notice

of Preliminary Determination of Sales at

Less Than Fair Value and Postponement

of Final Determination: Certain Cut-toLength Carbon Steel Plate From South

Africa is hereby terminated. Any cash

deposits on entries of cut-to-length

carbon steel plate from South Africa

pursuant to that suspension of

liquidation shall be refunded and any

bonds shall be released.

On October 14, 1997 we received a

request from petitioners requesting that
61752 Federal Register / Vol. 62, No. 223 / Wednesday, November 19, 1997 / Notices

we continue the investigation. We

received separate requests from the

United Steelworkers of America,

Bethlehem Steel Corp., and U.S. Steel

Corp. (a unit of USX Corporation),

interested parties under section

771(9)(D) of the Act. Pursuant to these

requests, we have completed the

investigation in accordance with section

734(g) of the Act, and have notified the

International Trade Commission (ITC) of

our determination. If the ITC’s injury

determination is negative, the agreement

will have no force or effect, and the

investigation will be terminated (see

section 734(f)(3)(A) of the Act). If the

ITC’s determination is affirmative, the

Department will not issue an

antidumping duty order as long as the

suspension agreement remains in force

(see section 734(f)(3)(B) of the Act).

This notice is published pursuant to

section 734(f)(1)(A) of the Act.

Dated: November 7, 1997.

Robert S. LaRussa,

Assistant Secretary for Import

Administration.

Appendix 1—Suspension Agreement Cut-toLength Carbon Steel Plate From the Republic

South Africa

Under section 734(b) of the Tariff Act of

1930, as amended (19 U.S.C. 1673c(b)) (the

Act), and 19 CFR 353.18, the U.S.

Department of Commerce (the Department)

and the signatory producers/exporters of cutto-length carbon steel plate from the Republic

of South Africa enter into this suspension

agreement (the Agreement). On the basis of

this suspension agreement, the Department

shall suspend its antidumping investigation

initiated on December 3, 1996 (61 FR 64051),

with respect to cut-to-length carbon steel

plate from the Republic of South Africa,

subject to the terms and provisions forth

below.

(A) Product Coverage

The merchandise subject to this Agreement

is the following merchandise which has the

Republic of South Africa as its origin:

(1) For purposes of the Agreement, cut-tolength carbon steel plate includes hot-rolled

iron and non-alloy steel universal mill plates

(i.e., flat-rolled products rolled on four faces

or in a closed box pass, of a width exceeding

150 mm but not exceeding 1250 mm and of

a thickness of not less than 4 mm, not in coils

and without patterns in relief), of rectangular

shape, neither clad, plated nor coated with

metal, whether or not painted, varnished, or

coated with plastics or other nonmetallic

substances; and certain iron and non-alloy

steel flat-rolled products not in coils, of

rectangular shape, hot-rolled, neither clad,

plated, nor coated with metal, whether or not

painted, varnished, or coated with plastics or

other nonmetallic substances, 4.75 mm or

more in thickness and of a width which

exceeds 150 mm and measures at least twice

the thickness.

(2) Included as subject merchandise in this

Agreement are flat-rolled products of

nonrectangular cross-section where such

cross-section is achieved subsequent to the

rolling process (i.e., products which have

been ‘‘worked after rolling’’)—for example,

products which have been beveled or

rounded at the edges. This merchandise is

currently classified in the Harmonized Tariff

Schedule of the United States (HTS) under

item numbers 7208.40.3030, 7208.40.3060,

7208.51.0030, 7208.51.0045, 7208.51.0060,

7208.52.0000, 7208.53.0000, 7208.90.0000,

7210.70.3000, 7210.90.9000, 7211.13.0000,

7211.14.0030, 7211.14.0045, 7211.90.0000,

7212.40.1000, 7212.40.5000, 7212.50.0000.

Excluded from subject merchandise within

the scope of this agreement is grade X–70

plate. Although the HTS subheadings are

provided for convenience and customs

purposes, our written description of the

scope of this Agreement is dispositive.

(B) U.S. Import Coverage

The signatory producers/exporters

collectively are the producers and exporters

in the Republic of South Africa that, during

the antidumping investigation on the

merchandise subject to the Agreement,

accounted for substantially all (not less than

85 percent) of the subject merchandise

imported into the United States, as provided

in the Department’s regulations. The

Department may at any time during the

period of the Agreement require additional

producers/exporters in the Republic of South

Africa to sign the Agreement in order to

ensure that not less than substantially all

imports into the United States are covered by

the Agreement.

In reviewing the operation of the

Agreement for the purpose of determining

whether this Agreement has been violated or

is no longer in the public interest, the

Department will consider imports into the

United States from all sources of the

merchandise described in Section A of the

Agreement. For this purpose, the Department

will consider factors including, but not

limited to, the following: volume of trade,

pattern of trade, whether or not the reseller

is an original equipment manufacturer, and

the reseller’s export price (EP).

(C) Basis of the Agreement

On and after the effective date of the

Agreement, each signatory producer/exporter

individually agrees to make any necessary

price revisions to eliminate completely any

amount by which the normal value (NV) of

this merchandise exceeds the U.S. price of its

merchandise subject to the Agreement. For

this purpose, the Department will determine

the NV in accordance with section 773(e) of

the Act and U.S. price in accordance with

section 772 of the Act.

(1) For all sales occurring on and after the

effective date of the Agreement through

March 31, 1998 (interim period), each

signatory producer/exporter agrees not to sell

its merchandise subject to the Agreement to

unaffiliated purchasers in the United States

at prices that are less than its NV, as

determined by the Department, and provided

to parties not later than November 7, 1997;

and

(2) For all sales occurring on and after

April 1, 1998, each producer/exporter agrees

not to sell its merchandise subject to the

Agreement to any unaffiliated purchaser in

the United States at prices that are less than

the NV of the merchandise, as determined by

the Department on the basis of information

submitted to the Department not later than

the dates specified in section D of the

Agreement and provided to parties not later

than December 10, March 10, June 10, and

September 10 of each year. This NV shall

apply to sales occurring during the fiscal

quarter beginning on the first day of the

month following the date the Department

provides the NV, as stated in this paragraph.

(D) Monitoring

Each signatory producer/exporter will

supply to the Department all information that

the Department decides is necessary to

ensure that the producer/exporter is in full

compliance with the terms of the Agreement.

As explained below, the Department will

provide each signatory producer/exporter a

detailed request for information and

prescribe a required format and method of

data compilation, not later than the

beginning of each reporting period.

(1) Sales Information

The Department will require each

producer/exporter to report, on computer

tape in the prescribed format and using the

prescribed method of data compilation, each

sale of the merchandise subject to the

Agreement, either directly or indirectly to

unaffiliated purchasers in the United States,

including each adjustment applicable to each

sale, as specified by the Department.

The first report of sales data shall be

submitted to the Department, on computer

tape in the prescribed format and using the

prescribed method of data compilation, not

later than January 31, 1998, and shall contain

the specified sales information covering the

period October 24, 1997, to December 31,

1997. Subsequent reports of sales data shall

be submitted to the Department not later than

January 31, April 30, July 31, and October 31

of each year, and each report shall contain

the specified sales information for the

quarterly period ending one month prior to

the due date, except that if the Department

receives information that a possible violation

of the Agreement may have occurred, the

Department may request sales data on a

monthly, rather than quarterly basis.

(2) Cost Information

Producer/exporters must request NVs for

all subject merchandise that will be sold in

the United States. For those products which

the producer/exporter is requesting NVs, the

Department will require each producer/

exporter to report: their actual cost of

manufacturing; selling, general and

administrative (SG&A) expenses; and profit

data on a quarterly basis, in the prescribed

format and using the prescribed method of

data compilation. As indicated in Appendix

B, profit will be reported by the producers/

exporters on a quarterly basis. Each such

producer/exporter also must report

anticipated increases in production costs and

may report anticipated decreases in

production costs in the quarter in which the

information is submitted resulting from

factors such as anticipated changes in
Federal Register / Vol. 62, No. 223 / Wednesday, November 19, 1997 / Notices 61753

production yield, changes in production

process, changes in production quantities or

changes in production facilities.

The first report of cost data for the postinterim period shall be submitted to the

Department not later than January 20, 1998,

and shall contain the specified cost data

covering the period October 1, 1997, through

December 31, 1997. Each subsequent report

shall be submitted to the Department not

later than January 20, April 20, July 20, and

October 20 of each year, and each report shall

contain specified information for the quarter

ending one month prior to the due date.

(3) Special Adjustment of Normal Value

If the Department determines that the NV

it determined for a previous quarter was

erroneous because the reported costs for that

period were inaccurate or incomplete, or for

any other reason, the Department may adjust

NV in a subsequent period or periods, unless

the Department determines that Section F of

the Agreement applies.

(4) Verification

Each producer/exporter agrees to permit

full verification of all cost and sales

information semi-annually, or more

frequently, as the Department deems

necessary.

(5) Bundling or Other Arrangements

Producers/exporters agree not to

circumvent the Agreement. In accordance

with the date set forth in Section D(1) of the

Agreement, producers/exporters will submit

a written statement to the Department

certifying that the sales reported herein were

not, or are not part of or related to, any

bundling arrangement, on-site processing

arrangement, discounts/free goods/financing

package, swap or other exchange where such

arrangement is designed to circumvent the

basis of the Agreement.

Where there is reason to believe that such

an arrangement does circumvent the basis of

the Agreement, the Department will request

producers/exporters to provide within 15

days all particulars regarding any such

arrangement, including, but not limited to,

sales information pertaining to covered and

non-covered merchandise that is

manufactured or sold by producers/

exporters. The Department will accept

written comments, not to exceed 30 pages,

from all parties no later than 15 days after the

date of receipt of such producer/exporter

information.

If the Department, after reviewing all

submissions, determines that such

arrangement circumvents the basis of the

Agreement, it may, as it deems most

appropriate, utilize one of two options: (1)

the amount of the effective price discount

resulting from such arrangement shall be

reflected in the NV in accordance with

Section D(3), or (2) the Department shall

determine that the Agreement has been

violated and take action according to the

provisions under Section F.

(6) Rejection of Submissions

The Department may reject any

information submitted after the deadlines set

forth in this section or any information

which it is unable to verify to its satisfaction.

If information is not submitted in a complete

and timely fashion or is not fully verifiable,

the Department may calculate normal value,

NV, and/or U.S. price based on facts

otherwise available, as it determines

appropriate, unless the Department

determines that Section F applies.

(E) Disclosure and Comment

(1) The Department may make available to

representatives of each domestic party to the

proceeding, under appropriately drawn

administrative protective orders, business

proprietary information submitted to the

Department during reporting period as well

as the results of its analysis under section

773 of the Act.

(2) Not later than February 20, May 20,

August 20, and November 20 of each year,

the Department will disclose to each

producer/exporter the results and the

methodology of the Department’s

calculations of its NV. At that time, the

Department may also make available such

information to the domestic parties to the

proceeding, in accordance with this section.

(3) Not later than 7 days after the date of

disclosure under paragraph E(2), the parties

to the proceeding may submit written

comments to the Department, not to exceed

15 pages. After reviewing these submissions,

the Department will provide to each

producer/exporter its NV as provided in

paragraph C(2). In addition, the Department

may provide such information to domestic

interested parties as specified in this section.

(F) Violations of the Agreement

If the Department determines that the

Agreement is being or has been violated or

no longer meets the requirements of section

734(b) or (d) of the Act, the Department shall

take action it determines appropriate under

section 734(i) of the Act and the regulations.

In the event that the Department determines

that the investigation shall be resumed, it

will be resumed on the basis of the original

administrative record, and the statutes,

regulations, policies, and practices in effect

on the effective date of the Agreement.

(G) Other Provision

In entering into the Agreement, the

signatory producers/exporters do not admit

that any sales of the merchandise subject to

the Agreement have been made at less than

fair value.

(H) Termination

The Department will not consider requests

for termination of this suspended

investigation prior to October 2002.

Termination will be conducted in accordance

with section 351.222 of the Department’s

regulations.

Any producer/exporter may terminate the

Agreement at any time upon notice to the

Department. Termination shall be effective

60 days after such notice is given to the

Department. Upon termination, the

Department shall follow the procedures

outlined in section 734(i)(1) of the Act.

(I) Definitions

For purposes of the Agreement, the

following definitions apply:

(1) U.S. PRICE—means the export price or

constructed export price at which

merchandise is sold by the producer or

exporter to the first unaffiliated person in the

United States, including the amount of any

discounts, rebates, price protection or ship

and debit adjustments, and other adjustments

affecting the net amount paid or to be paid

by the unaffiliated purchaser, as determined

by the Department under section 772 of the

Act.

(2) NORMAL VALUE—means the

constructed value (CV) of the merchandise,

as determined by the Department under

section 773 of the Act and the corresponding

sections of the Department’s regulations, and

as adjusted in accordance with Appendix A

to this Agreement.

(3) PRODUCER/EXPORTER—means (1) the

foreign manufacturer or producer, (2) the

foreign producer or reseller which also

exports, and (3) the affiliated person by

whom or for whose account the merchandise

is imported into the United States, as defined

in section 771(28) of the Act.

(4) DATE OF SALE—means normally the

date of the invoice as recorded in the

exporter or producer’s records kept in the

ordinary course of business, unless the

Department determines that a different date

better reflects the date on which the exporter

or producer establishes the material terms of

sale, as determined by the Department under

its regulations.

The effective date of the Agreement is

October 24, 1997.

For the Republic of South African Producers/

Exporters

Iscor Ltd.

lllllllllllllllllllll

Marcela B. Stras, Esq., Adduci, Mastriani &

Schaumberg, LLP

lllllllllllllllllllll

Date

Highveld Steel and Vanadium Corp. Ltd.

lllllllllllllllllllll

Jeff Chegwidden, Director & General Manager

Marketing

lllllllllllllllllllll

Date

For U.S. Department of Commerce

lllllllllllllllllllll

Robert S. LaRussa, Assistant Secretary for

Import Administration

lllllllllllllllllllll

Date

Appendix A—Cut-to-Length Carbon Steel

Plate From the Republic of South Africa

Principles of Cost

General Framework

The cost information reported to the

Department that will form the basis of the NV

calculations for purposes of the Agreement

must be:

• Comprehensive in nature and based on

a reliable accounting system (i.e., a system

based on well-established standards that can

be tied to the audited financial statements);

• Representative of the company’s costs

incurred for the general class of merchandise;

• Calculated on a quarterly weightedaverage basis of the plants or cost centers

manufacturing the product;

• Based on fully-absorbed costs of

production, including any downtime;
61754 Federal Register / Vol. 62, No. 223 / Wednesday, November 19, 1997 / Notices

• Valued in accordance with generally

accepted accounting principles;

• Reflective of appropriately allocated

common costs so that the costs necessary for

the manufacturing of the product are not

absorbed by other products; and

• Reflective of the actual cost of producing

the product.

Additionally, a single figure should be

reported for each cost component.

Cost of Manufacturing (COM)

Costs of manufacturing are reported by

major cost category and for major stages of

production. Weighted-average costs are used

for a product that is produced at more than

one facility, based on the cost at each facility.

Direct materials—cost of those materials

which are input into the production process

and physically become part of the final

product.

Direct labor—cost identified with a specific

product. These costs are not allocated among

products except when two or more products

are produced at the same cost center. Direct

labor costs should include salary, bonus and

overtime pay, training expenses, and all

fringe benefits. Any contracted-labor expense

should reflect the actual billed cost or the

actual costs incurred by the subcontractor

when the corporation has influence over the

contractor.

Factory overhead—overhead costs include

indirect materials, indirect labor,

depreciation, and other fixed and variable

expenses attributable to a production line or

factory. Because overhead costs are typically

incurred for an entire production line, an

appropriate portion of those costs must be

allocated to covered products, as well as any

other products produced on that line.

Acceptable cost allocations can be based on

labor hours or machine hours. Overhead

costs should also reflect any idle or

downtime and be fully absorbed by the

products.

Cost of Production (COP)

Is equal to the sum of materials, labor, and

overhead (COM) plus SG&A expenses in the

home market (HM).

SG&A—those expenses incurred for the

operation of the corporation as a whole and

not directly related to the manufacture of a

particular product. They include corporate

general and administrative expenses,

financing expenses, and general research and

development expenses. Additionally, direct

and indirect selling expenses incurred in the

HM for sales of the product under

investigation are included. Such expenses are

allocated over cost of goods sold.

Constructed Value

Is equal to the sum of materials, labor and

overhead (COM) and SG&A expenses plus

profit in the comparison market and the cost

of packing for exportation to the United

States.

Calculation of Suspension Agreement NVs

NVs (for purposes of the Agreement) are

calculated by adjusting the CV and are

provided for both EP and CEP transactions.

In effect, any expenses uniquely associated

with the covered products sold in the HM are

subtracted from the CV, and any such

expenses which are uniquely associated with

the covered products sold in the United

States are added to the CV to calculate the

NV.

Export Price—Generally, a U.S. sale is

classified as an export price sale when the

first sale to an unaffiliated person occurs

before the goods are imported into the United

States. In cases where the foreign

manufacturer knows or has reason to believe

that the merchandise is ultimately destined

for the United States, the manufacturer’s sale

is the sale subject to review. If, on the other

hand, the manufacturer sold the merchandise

to a foreign trader without knowledge of the

trader’s intention to export the merchandise

to the United States, then the trader’s first

sale to an unaffiliated person is the sale

subject to review. For EP NVs, the CV is

adjusted for movement costs and differences

in direct selling expenses such as

commissions, credit, warranties, technical

services, advertising, and sales promotion.

Constructed Export Price—Generally, a

U.S. sale is classified as a constructed export

price sale when the first sale to an

unaffiliated person occurs after importation.

However, if the first sale to the unaffiliated

person is made by a person in the United

States affiliated with the foreign exporter,

constructed export price applies even if the

sale occurs prior to importation, unless the

U.S. affiliate performs only clerical functions

in connection with the sale. For CEP NVs, the

CV is adjusted similar to EP sales, with

differences for adjustment to U.S. and HM

indirect-selling expenses.

Home market direct-selling expenses—

expenses that are incurred as a direct result

of a sale. These include such expenses as

commissions, advertising, discounts and

rebates, credit, warranty expenses, freight

costs, etc. Certain direct-selling expenses are

treated individually. They include:

commission expenses—payments to

unaffiliated parties for sales in the HM.

credit expenses—expenses incurred for the

extension of credit to HM customers.

movement expenses—freight, brokerage and

handling, and insurance expenses.

U.S. direct-selling expenses—the same as

HM direct-selling expenses except that they

are incurred for sales in the United States.

Movement expenses—additional expenses

incidental to importation into the United

States. These typically include U.S. inland

freight, insurance, brokerage and handling

expenses, U.S. Customs duties, and

international freight.

U.S. indirect-selling expenses—include

general fixed expenses incurred by the U.S.

sales subsidiary or affiliated exporter for

sales to the United States. They may also

include a portion of indirect expenses

incurred in the HM for export sales.

FOR EP TRANSACTIONS

+ direct materials

+ direct labor

+ factory overhead

= Cost of Manufacturing

+ home market SG&A

= Cost of Production

+ U.S. packing

+ Profit

= Constructed Value

+ U.S. direct selling expense

+ U.S. commission expense

+ U.S. movement expense

+ U.S. credit expense

¥ HM direct selling expense

¥ HM commission expense 1

¥ HM credit expense

= NV for EP sales

1 If the company does not have HM commissions, HM indirect expenses are subtracted

only up to the amount of the U.S. commissions.

FOR CEP TRANSACTIONS

+ direct materials

+ direct labor

+ factory overhead

= Cost of Manufacturing

+ home market SG&A

= Cost of Production

+ U.S. packing

+ profit

= Constructed Value

+ U.S. direct selling expense

+ U.S. indirect selling expense

+ U.S. commission expense

+ U.S. movement expense

+ U.S. credit expense

+ U.S. further manufacturing expenses (if

any)

+ CEP profit

¥ HM direct selling expense

¥ HM commission expense

¥ HM credit expense

= NV for CEP sales

[FR Doc. 97–30390 Filed 11–18–97; 8:45 am]

BILLING CODE 3510–DS–P

DEPARTMENT OF COMMERCE

International Trade Administration

[A–823–808]

Notice of Final Determination of Sales

at Less Than Fair Value: Certain Cutto-Length Carbon Steel Plate From

Ukraine

AGENCY: Import Administration,

International Trade Administration,

Department of Commerce.

EFFECTIVE DATE: November 19, 1997.

FOR FURTHER INFORMATION CONTACT:

Nithya Nagarajan at (202) 482–1324 or

Eugenia Chu at (202) 482–3964, Import

Administration, International Trade

Administration, U.S. Department of

Commerce, 14th Street and Constitution

Avenue, NW., Washington, DC 20230.