NOTICES
DEPARTMENT OF COMMERCE
[C-469-004]
Stainless Steel Wire Rod From Spain; Final Results of Countervailing Duty Administrative Review
Monday, June 26, 1989
*26826 AGENCY: International Trade Administration/Import Administration Department of Commerce.
ACTION: Notice of final results of countervailing duty administration review.
SUMMARY: On April 24, 1989, the Department of Commerce published the preliminary results of its administrative review of the countervailing duty order on stainless steel wire rod from Spain. We have now completed that review and determine the net subsidy during the period January 1, 1987 through December 31, 1987 to be de minimis.
EFFECTIVE DATE: June 26, 1989.
FOR FURTHER INFORMATION CONTACT: Laurie Goldman or Paul McGarr, Office of Countervailing Compliance, International Trade Administration, U.S. Department of Commerce, Washington, DC 20230; telephone: (202) 377-2786.
SUPPLEMENTARY INFORMATION:
Background
On April 24, 1989, the Department of Commerce ("the Department") published in the Federal Register (54 FR 16384) the preliminary results of its administrative review of the countervailing duty order on stainless steel wire rod from Spain (48 FR 52; January 3, 1983). The Department has now completed that administrative review in accordance with section 751(a) of the Tariff Act of 1930 ("the Tariff Act").
Scope of Review
Imports covered by this review are shipments of Spanish stainless steel wire rod, which includes coiled, semi-finished, hot rolled stainless steel products of approximately round solid cross section, not under 0.20 inch nor over 0.74 inch in diameter, whether or not tempered or treated or partly manufactured. During the review period, such merchandise was classified under item numbers 607.2600 and 607.4300 of the Tariff Schedules of the United States Annotated. This merchandise is currently classifiable under item numbers 7221.00.0020 and 7221.00.0040 of the Harmonized Tariff Schedule.
Final Results of Review
We gave interested parties an opportunity to comment on the preliminary results. We received no comments.
As a result of our review, we determine the net subsidy to be 0.42 percent ad valorem for the period January 1, 1987 through December 31, 1987. The Department considers any rate less than 0.50 percent ad valorem to be de minimis.
Therefore, the Department will instruct the Customs Service to liquidate, without regard to countervailing duties, all unliquidated entries of this merchandise exported on or after January 1, 1987 and on or before December 31, 1987.
Further, the Department will instruct the Customs Service to waive deposits of estimated countervailing duties, as provided for by section 751(a)(1) of the Tariff Act, on all shipments of this merchandise entered, or withdrawn from warehouse, for consumption on or after the date of publication of this notice. This deposit waiver shall remain in effect until publication of the final results of the next administrative review.
This administrative review and notice are in accordance with section 751(a)(1) of the Tariff Act (19 U.S.C. 1675(a)(1)) and s 355.22 of the Commerce Regulations published in the Federal Register on December 27, 1988 (53 FR 52306) (to be codified at 19 CFR 355.22).
Lisa Barry,
Acting Assistant Secretary for Import Administration.
Date: June 16, 1989.