CASH DEPOSIT INSTRUCTIONS FOR CERTAIN COLD-ROLLED & CORROSION-RESISTANT CARBON STEEL FLAT PRODUCTS FROM KOREA (A-580-816)

MESSAGE NO: 7114111 DATE: 04 24 1997 CATEGORY: ADA TYPE: ADM REFERENCE: REFERENCE DATE: CASES: A - 580 - 816 - - - - - - - - - - PERIOD COVERED: 08 01 1994 TO 07 31 1995 LIQ SUSPENSION DATE: TO: CMC DIRECTORS, PORT DIRECTORS FROM: DIRECTOR, IMPORT OPERATIONS RE: CASH DEPOSIT INSTRUCTIONS FOR CERTAIN COLD-ROLLED & CORROSION-RESISTANT CARBON STEEL FLAT PRODUCTS FROM KOREA (A-580-816) 1. THE DEPARTMENT OF COMMERCE HAS COMPLETED ITS ADMINISTRATIVE REVIEW OF THE ANTIDUMPING DUTY ORDER ON CERTAIN COLD-ROLLED AND CORROSION- RESISTANT CARBON STEEL FLAT PRODUCTS FROM KOREA FOR THE PERIOD 08/01/94 THROUGH 07/31/95 (62 FR 18404). 2. FOR SHIPMENTS OF CERTAIN COLD-ROLLED CARBON STEEL FLAT PRODUCTS FROM KOREA ENTERED, OR WITHDRAWN FROM WAREHOUSE, FOR CONSUMPTION, ON OR AFTER 04/15/97, A CASH DEPOSIT IS REQUIRED FOR THE FOLLOWING MANUFACTURERS/EXPORTERS: A-580-816-001 POHANG IRON & STEEL CO. LTD. ("POSCO")0.00 PERCENT A-580-816-002 DONGBU STEEL CO., LTD. ("DONGBU")0.00 PERCENT A-580-816-003 UNION STEEL MFG. CO., LTD. ("UNION")0.00 PERCENT 3. FOR SHIPMENTS OF CERTAIN CORROSION-RESISTANT CARBON STEEL FLAT PRODUCTS FROM KOREA ENTERED, OR WITHDRAWN FROM WAREHOUSE, FOR CONSUMPTION, ON OR AFTER 04/15/97, A CASH DEPOSIT IS REQUIRED FOR THE FOLLOWING MANUFACTURERS/EXPORTERS: A-580-816-001 POHANG IRON & STEEL CO. LTD. ("POSCO")0.00 PERCENT A-580-816-002 DONGBU STEEL CO., LTD. ("DONGBU")0.00 PERCENT A-580-816-003 UNION STEEL MFG. CO., LTD. ("UNION")0.99 PERCENT 4. IF ANY ENTRIES OF THIS MERCHANDISE ARE EXPORTED BY A FIRM OTHER THAN THE MANUFACTURER, THEN THE FOLLOWING INSTRUCTIONS APPLY: A. IF THE EXPORTER OF THE SUBJECT MERCHANDISE HAS ITS OWN RATE, USE THE EXPORTER'S RATE FOR DETERMINING THE CASH DEPOSIT RATE. B. IF THE EXPORTER OF THE SUBJECT MERCHANDISE DOES NOT HAVE ITS OWN RATE, BUT THEE MANUFACTURER HAS ITS OWN RATE, THE CASH DEPOSIT RATE WILL BE THE MANUFACTURER'S RATE. C. WHERE NEITHER THE EXPORTER NOR THE MANUFACTURER CURRENTLY HAS ITS OWN RATE, OR THE MANUFACTURER IS UNKNOWN, USE THE "ALL OTHERS" RATE FOR ESTABLISHING THE CASH DEPOSIT RATE. 5. FOR OTHER PREVIOUSLY REVIEWED COMPANIES NOT NAMED ABOVE, THE CASH DEPOSIT RATE IS THE RATE PROVIDED IN THE ANTIDUMPING/ COUNTERVAILING DUTY MODULE. 6. SINCE ANTIDUMPING DUTIES CANNOT BE ASSESSED ON THE PORTION OF THE MARGIN ATTRIBUTABLE TO EXPORT SUBSIDIES, THE LEVEL OF EXPORT SUBSIDIES AS DETERMINED IN "FINAL AFFIRMATIVE COUNTERVAILING DUTY DETERMINATION AND FINAL NEGATIVE CRITICAL CIRCUMSTANCES DETERMINATION: CERTAIN STEEL PRODUCTS FROM KORES" (58 FR 37328 JULY 9, 1993), WHICH IS 0.05 PERCENT AD VALOREM (FOR CERTAIN COLD-ROLLED CARBON STEEL FLAT PRODUCTS) AND 0.10 PERCENT AD VALOREM (FOR CERTAIN CORROSION-RESISTANT CARBON STEEL FLAT PRODUCTS), HAS BEEN SUBTRACTED FROM THE DUMPING MARGINS LISTED IN PARAGRAPHS (2), (3) AND (5) ABOVE THE CASH DEPOSIT PURPOSES. 7. FOR ALL OTHER KOREAN MANUFACTURERS/EXPORTERS, THE CASH DEPOSIT REQUIRED IS 14.39 PERCENT (FOR CERTAIN COLD-ROLLED CARBON STEEL FLAT PRODUCTS) AND 17.60 PERCENT (FOR CERTAIN CORROSION-RESISTANT CARBON STEEL FLAT PRODUCTS). 8. THESE CASH DEPOSIT REQUIREMENTS WILL REMAIN IN EFFECT UNTIL PUBLICATION OF THE FINAL RESULTS FOR THE NEXT ADMINISTRATIVE REVIEW DO NOT LIQUIDATE ANY ENTRIES COVERED BY THIS REVIEW UNTIL YOU HAVE RECEIVED LIQUIDATION INSTRUCTIONS. 9. IF THERE ARE ANY QUESTIONS REGARDING THIS MATTER BY CUSTOMS OFFICERS, PLEASE CONTACT VIA E-MAIL, THROUGH THE APPROPRIATE SUPERVISORY CHANNELS, IMPORT OPERATIONS, ANTIDUMPING/ COUNTERVAILING DUTY, USING THE ATTRIBUTE "HQ OAB." THE IMPORTING PUBLIC AND INTERESTED PARTIES SHOULD CONTACT: FOR POSCO -- STEVE BEZIRGANIAN AT 202-482-1395, FOR DONGBU -- FRED BAKER AT 202-482-2924, FOR UNION -- TOM KILLIAM AT 202-482-2704, OF AD/CVD ENFORCEMENT GROUP III -- OFFICE 8, IMPORT ADMINISTRATION, INTERNATIONAL TRADE ADMINISTRATION, U.S. DEPARTMENT OF COMMERCE. 10. THERE ARE NO RESTRICTIONS ON THE RELEASE OF THIS INFORMATION. PAUL SCHWARTZ (ACTING)