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Final Affirmative Determination:
Countervailing Duty Investigation of Structural Steel Beams
from the Republic of Korea

On July 7, 1999, a petition was filed with the Department of Commerce (the Department) against structural steel beams from Korea. On August 3, 1999, the Department initiated a the CVD investigation. On December 14, 1999, the Department issued its Preliminary Determination in which it determined that countervailable subsidies are not being provided to producers and exporters of structural steel beams from the Republic of Korea. However, on June 26, 2000, the Department issued an affirmative Final Determination in which it determined that countervailable subsidies are being provided to producers and exporters of subject merchandise. The ad valorem rates determined in the final determination are listed below.

PETITIONERS:
The petition was filed on behalf Northwestern Steel and Wire Co., Nucor-Yamato Steel Co., TXI-Chaparral Steel Co., and the United Steelworkers of America AFL-CIO.

PRODUCT DESCRIPTION:

The merchandise subject to this investigation is structural steel beams. The technical language describing the scope of this investigation are included in the Final Determination notice which will be published in the Federal Register.

 

CASE CALENDAR:

The following determinations will be made no later than these statutory deadlines:

International Trade Commission (ITC) Final Determination: 45 days after the publication of the Final Determination in the Federal Register.

Issuance of Order: 7 days after an affirmative Final Determination by the ITC. A negative determination by the ITC will result in a termination of this investigation.

Volume and Value of Imports

Description 1996 1997 1998 Jan-Mar 1998 Jan-Mar 1999
Volume (NT) 7,721 4,809 400,523 8,288 148,055
Value ($)(000) 2,689 1,715 122,941 2,789 40,829

Final Ad Valorem Rates:

Company

Net Subsidy Rate

Inchon

0.15 percent ad valorem

Kangwon

3.88 percent ad valorem

DSM

1.34 percent ad valorem

All Others Rate

3.87 percent ad valorem

 

 

 

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