[Federal Register Volume 89, Number 202 (Friday, October 18, 2024)]
[Notices]
[Pages 83836-83837]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-24089]


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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; 2022-2023

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 sold in the United States at less than normal value during 
the period of review (POR), May 1, 2022, through April 30, 2023.

DATES: Applicable October 18, 2024.

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 5, 2024, 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.
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    \1\ See Carbon and Alloy Steel Wire Rod from the Republic of 
Korea: Preliminary Results of Antidumping Duty Administrative 
Review; 2022-2023, 89 FR 48145 (June 5, 2024) (Preliminary Results), 
and accompanying Preliminary Decision Memorandum (PDM).
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    In July 2024, POSCO requested a public hearing and subsequently 
withdrew its request.\2\ POSCO also filed a case brief.\3\ No other 
interested party submitted a case or rebuttal brief. On July 22, 2024, 
Commerce tolled certain deadlines in this administrative proceeding by 
seven days.\4\ The deadline for the final results is now October 10, 
2024. For a summary of the events that occurred since the Preliminary 
Results, see the Issues and Decision Memorandum.\5\ 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. Commerce 
conducted this review in accordance with section 751(a) of the Act.
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    \2\ See POSCO's Letters, ``Request for Public Hearing,'' dated 
July 5, 2024, and ``Withdrawal of Request for Public Hearing,'' 
dated July 30, 2024.
    \3\ See POSCO's Letter, ``POSCO's Case Brief,'' dated July 15, 
2024.
    \4\ See Memorandum, ``Tolling of Deadlines for Antidumping and 
Countervailing Duty Proceedings,'' dated July 22, 2024.
    \5\ Memorandum, ``Issues and Decision Memorandum for the Final 
Results of the Administrative Review of Carbon and Alloy Steel Wire 
Rod from the Republic of Korea; 2022-2023,'' dated concurrently 
with, and hereby adopted by, this notice (Issues and Decision 
Memorandum).
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Scope of the Order <SUP>6</SUP>
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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. 
For a complete description of the scope of the Order, see the Issues 
and Decision Memorandum.\7\
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    \7\ See Issues and Decision Memorandum.
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Changes Since the Preliminary Results

    For reasons explained in the Issues and Decision Memorandum, we 
changed the time periods for the Cohen's d test, and corrected an error 
in the adjustment calculation for the indirect selling expense 
ratio.\8\ For a more detailed discussion of the changes, see the Issues 
and Decision Memorandum.\9\
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    \8\ See Memorandum, ``Final Calculation Memorandum for POSCO,'' 
dated concurrently with this notice.
    \9\ See generally Issues and Decision Memorandum.
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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, 2022, through April 30, 2023:
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    \10\ In the 2020-2021 administrative review of the Order, we 
found that POSCO and PIC are affiliated and should be treated as a 
single entity. See Carbon and Alloy Steel Wire Rod from the Republic 
of Korea: Preliminary Results of Antidumping Duty Administrative 
Review; 2020-2021, 87 FR 33468 (June 2, 2022), and accompanying PDM 
at 5-10, unchanged in Carbon and Alloy Steel Wire Rod from the 
Republic of Korea: Final Results of Antidumping Duty Administrative 
Review; 2020-2021 (October 4, 2022). In the absence of information 
demonstrating any changes, we are continuing to treat POSCO and PIC 
as a single entity for purpose of this administrative review.

------------------------------------------------------------------------
                                                              Weighted-
                                                               average
                     Producer/exporter                         dumping
                                                                margin
                                                              (percent)
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POSCO/POSCO International Corporation \10\.................         0.85
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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

[[Page 83837]]

POSCO's weighted-average dumping margin is above de minimis, we 
calculated importer-specific ad valorem duty assessment rates by 
dividing the total amount of antidumping duties calculated for the 
examined sales by the total entered value of the examined sales to that 
importer.
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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 will be the rates 
established in these final results of the review; (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, 83 FR at 23419.
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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 (APO)

    This notice also serves as the only reminder to parties subject to 
an 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 751(a)(1) and 777(i)(1) of the Act, and 19 CFR 351.213(h) 
and 351.221(b)(5).

    Dated: October 10, 2024.
Scot Fullerton,
Acting 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. Changes Since the Preliminary Results
V. Discussion of the Issues
    Comment 1: Time Periods for the Cohen's d Test
    Comment 2: Whether To Grant a Constructed Export Price Offset
    Comment 3: Whether To Make Cost Adjustment for Inputs Sourced 
From Affiliated Suppliers
    Comment 4: Whether To Reverse Adjustments to POSCO's Indirect 
Selling Expense Ratios or Correct an Error in the Adjustment 
Calculation
VI. Recommendation

[FR Doc. 2024-24089 Filed 10-17-24; 8:45 am]
BILLING CODE 3510-DS-P