[Federal Register Volume 89, Number 176 (Wednesday, September 11, 2024)]
[Notices]
[Pages 73626-73627]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-20581]


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DEPARTMENT OF COMMERCE

International Trade Administration

[C-580-837]


Certain Cut-to-Length Carbon-Quality Steel Plate From the 
Republic of Korea: 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 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.

DATES: Applicable September 11, 2024.

FOR FURTHER INFORMATION CONTACT: 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.

SUPPLEMENTARY INFORMATION:

Background

    On March 5, 2024, Commerce published the Preliminary Results of 
this administrative review in the Federal Register and invited 
interested parties to comment.\1\ On June 21, 2024, Commerce extended 
the deadline for issuing the final results of this review until August 
30, 2024.\2\ On July 22, 2024, Commerce tolled certain deadlines in 
this administrative proceeding by seven days.\3\ The deadline for the 
final results is now September 6, 2024.
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    \1\ 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, 89 FR 15825 (March 
5, 2024) (89 FR 15825) (Preliminary Results), and accompanying 
Preliminary Decision Memorandum.
    \2\ See Memorandum, ``Extension of Deadline for Final Results of 
Countervailing Duty Administrative Review; 2022,'' dated June 21, 
2024.
    \3\ See Memorandum, ``Tolling of Deadlines for Antidumping and 
Countervailing Duty Proceedings,'' dated July 22, 2024.
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    For a complete description of the events that occurred since the 
Preliminary Results, see the Issues and Decision Memorandum.\4\ A list 
of topics

[[Page 73627]]

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 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\ See 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).
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Scope of the Order <SUP>5</SUP>
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    \5\ 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, 65 FR 6587 (February 10, 2000) 
(Order).
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    The product covered by this Order is certain cut-to-length carbon-
quality steel plate. For a complete description of the scope of this 
Order, see the Issues and Decision Memorandum.

Analysis of Subsidy Programs and Comments Received

    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, i.e., a government-provided financial contribution 
that gives rise to a benefit to the recipient, and that the subsidy is 
specific.\6\ 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.
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    \6\ 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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Changes Since the Preliminary Results

    Based on a review of the record and comments received from 
interested parties regarding our Preliminary Results, 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.

Final Results of Administrative Review

    We determine the following net countervailable subsidy rates for 
the period January 1, 2022, through December 31, 2022:
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    \7\ Commerce finds Hyundai Green Power to be cross-owned with 
Hyundai Steel.

------------------------------------------------------------------------
                                                           Subsidy rate
                    Producer/exporter                       (percent ad
                                                             valorem)
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Dongkuk Steel Mill Co., Ltd.............................            2.01
Hyundai Steel Company \7\...............................            2.21
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Disclosure

    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 Federal Register, 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)(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 
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)(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.

Administrative Protective Order (APO)

    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.

Notice 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 351.213(d)(4) 
and 19 CFR 351.221(b)(5).

    Dated: September 5, 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 Information
V. Analysis of Programs
VI. Discussion of the Issues
    Comment 1: Whether the Provision of Electricity Was Consistent 
With Market Principles During the POR
    Comment 2: Whether the Provision of Electricity for Less Than 
Adequate Renumeration (LTAR) Program Is Specific
    Comment 3: Whether Commerce Should Revise its Analysis of the 
Largest Electricity Consuming Industries
    Comment 4: Whether To Modify the Benefit Calculation for the 
Provision of Electricity for LTAR Program
    Comment 5: Whether the Provision of Korean Allocation Units 
(KAUs) Constitutes a Financial Contribution
    Comment 6: Whether the Provision of KAUs Confers a 
Countervailable Benefit
    Comment 7: Whether the Korea Emissions Trading System Program Is 
Specific
    Comment 8: Whether the Carbon-Neutral Facilities Grant Program 
Is Countervailable
    Comment 9: Whether the Research and Development Grants Under the 
Industrial Technology Innovation Promotion Act Are Countervailable
    Comment 10: Whether Commerce Should Correct Dongkuk Steel Mill 
Co., Ltd.'s Sales Denominator
VII. Recommendation

[FR Doc. 2024-20581 Filed 9-10-24; 8:45 am]
BILLING CODE 3510-DS-P