LIQUIDATION INSTRUCTIONS FOR CORROSION RESISTANT CARBON STEEL FLAT PRODUCTS FROMKOREA, POHANG IRON STEELAND DONGBU (C-580-208-001\002)

MESSAGE NO: 9034204 DATE: 02 03 2009 CATEGORY: CVD TYPE: LIQ REFERENCE: REFERENCE DATE: CASES: C - 580 - 208 - - - - - - - - - - PERIOD COVERED: 01 01 2006 TO 12 31 2006 LIQ SUSPENSION DATE: TO: DIRECTORS OF FIELD OPERATIONS PORT DIRECTORS FROM: DIRECTOR, SPECIAL ENFORCEMENT RE: LIQUIDATION INSTRUCTIONS FOR CORROSION RESISTANT CARBON STEEL FLAT PRODUCTS FROMKOREA, POHANG IRON STEELAND DONGBU (C-580-208-001\002) 1. NOTICE OF THE LIFTING OF SUSPENSION OF LIQUIDATION OF ENTRIES OF SUBJECT MERCHANDISE OCCURRED WITH THE PUBLICATION OF THE FINAL RESULTS OF THE COUNTERVAILING DUTY ORDER (C-580-208) ON CERTAIN HOT-ROLLED CARBON STEEL FLAT PRODUCTS FROM KOREA FOR THE PERIOD 01/01/2006-12/31/2006 (74 FR 2512) 01/15/2009. FOR CUSTOMS PURPOSES THIS CASE NUMBER IS (C-580-208). 2. ACCORDINGLY, YOU ARE NOW INSTRUCTED TO LIQUIDATE ALL SHIPMENTS OF CORROSION-RESISTANT CARBON STEEL FLAT PRODUCTS FROM KOREA FOR THE COMPANIES LISTED BELOW ENTERED, OR WITHDRAWN FROM WAREHOUSE, ON OR AFTER 01/01/2006 AND ON OR BEFORE 12/31/2006 WITHOUT REGARD TO COUNTERVAILING DUTIES: PRODUCER: POHANG IRON AND STEEL COMPANY LTD. (POSCO) CASE NUMBER: C-580-208-001 CASH DEPOSIT RATE: 0.00 PERCENT PRODUCER: DONGBU STEEL CO., LTD. (DONGBU) CASE NUMBER: C-580-208-002 CASH DEPOSIT RATE: 0.00 PERCENT 3. THERE ARE NO INJUNCTIONS APPLICABLE TO THE CVD ENTRIES COVERED BY THIS INSTRUCTION. 4. THE ASSESSMENT OF COUNTERVAILING DUTIES BY THE CBP ON SHIPMENTS OR ENTRIES OF THIS MERCHANDISE IS SUBJECT TO THE PROVISIONS OF SECTION 778 OF THE TARIFF ACT OF 1930. SECTION 778 REQUIRES THAT CBP PAY INTEREST ON OVERPAYMENTS OR ASSESS INTEREST ON UNDERPAYMENTS, OF THE REQUIRED AMOUNTS DEPOSITED AS ESTIMATED COUNTERVAILING DUTIES. THE INTEREST PROVISIONS ARE NOT APPLICABLE TO CASH OR BONDS POSTED AS ESTIMATED COUNTERVAILING DUTIES POSTED BEFORE THE DATE OF PUBLICATION OF THE COUNTERVAILING DUTY ORDER. INTEREST SHALL BE CALCULATED FROM THE DATE OF PAYMENT OF ESTIMATED COUNTERVAILING DUTIES THROUGH THE DATE OF LIQUIDATION. THE RATE AT WHICH SUCH INTEREST IS PAYABLE IS THE RATE IN EFFECT UNDER SECTION 6621 OF THE INTERNAL REVENUE CODE OF1954 FOR SUCH PERIOD. 5. THE SUSPENSION OF LIQUIDATION ORDERED FOR THIS MERCHANDISE, ENTERED OR WITHDRAWN FROM WAREHOUSE ON OR AFTER 01/01/2006 AND ON OR BEFORE 12/31/2006, IS LIFTED. SUSPENSION OF LIQUIDATION FOR ALL ENTRIES OF THIS MERCHANDISE ENTERED OR WITHDRAWN FROM WAREHOUSE AFTER 12/31/2006 WILL CONTINUE. 6. IF THERE ARE ANY QUESTIONS REGARDING THIS MATTER BY CBP OFFICERS, THE IMPORTING PUBLIC OR INTERESTED PARTIES, PLEASE CONTACT DAVINA HASHMI OR RON TRENTHAM AT OFFICE OF AD/CVD OPERATIONS, IMPORT ADMINISTRATION, INTERNATIONAL TRADE ADMINISTRATION, U.S.DEPARTMENT OF COMMERCE AT (202) 482-0984 OR (202) 482-3577 RESPECTIVELY. GENERATED BY (O3:GL). 7. THERE ARE NO RESTRICTIONS ON THE RELEASE OF THIS INFORMATION. DAVID M. GENOVESE