89 FR 198 pgs. 82565-82566 - Raw Flexible Magnets From the People's Republic of China: Final Results of the Expedited Third Sunset Review of the Countervailing Duty Order
Type: NOTICEVolume: 89Number: 198Pages: 82565 - 82566
Pages: 82565, 82566Docket number: [C-570-923]
FR document: [FR Doc. 2024-23567 Filed 10-10-24; 8:45 am]
Agency: Commerce Department
Sub Agency: International Trade Administration
Official PDF Version: PDF Version
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DEPARTMENT OF COMMERCE
International Trade Administration
[C-570-923]
Raw Flexible Magnets From the People's Republic of China: Final Results of the Expedited Third Sunset Review of the Countervailing Duty Order
AGENCY:
Enforcement and Compliance, International Trade Administration, Department of Commerce.
SUMMARY:
The U.S. Department of Commerce (Commerce) finds that revocation of the countervailing duty (CVD) order on raw flexible magnets from the People's Republic of China (China) would be likely to lead to continuation or recurrence of countervailable subsidies at the levels indicated in the "Final Results of the Sunset Review" section of this notice.
DATES:
Applicable October 11, 2024.
FOR FURTHER INFORMATION CONTACT:
Peter Zukowski, AD/CVD Operations, Office III, Enforcement and Compliance, International Trade Administration, U.S. Department of Commerce, 1401 Constitution Avenue NW, Washington, DC 20230; telephone: (202) 482-0189.
SUPPLEMENTARY INFORMATION:
Background
[top] On September 17, 2008, Commerce published the CVD order on raw flexible magnets from China. 1 On June 3, 2024, Commerce published the notice of initiation of the third sunset review of
Footnotes:
1 ? See Raw Flexible Magnets from the People's Republic of China: Countervailing Duty Order, 73 FR 53849 (September 17, 2008) ( Order ).
2 ? See Initiation of Five-Year (Sunset) Reviews, 89 FR 47525 (June 3, 2024).
3 ? See Domestic Interested Party's Letter, "Notice of Intent to Participate," dated June 14, 2024.
4 ? Id. at 2.
On June 28, 2024, Commerce received an adequate substantive response from the domestic interested party within the 30-day deadline specified in 19 CFR 351.218(d)(3)(i). 5 Commerce did not receive a substantive response from any other interested party in this proceeding, and no party requested a hearing. On July 23, 2024, Commerce notified the U.S. International Trade Commission that it did not receive an adequate substantive response from respondent interested parties. 6 As a result, Commerce conducted an expedited (120-day) sunset review of the Order, pursuant to section 751(c)(3)(B) of the Act and 19 CFR 351.218(e)(1)(ii) (C)(2).
Footnotes:
5 ? See Domestic Interested Party's Letter, "Domestic Industry Substantive Response," dated June 28, 2024.
6 ? See Commerce's Letter, "Sunset Reviews Initiated on June 3, 2024," dated July 23, 2024.
On July 22, 2024, Commerce tolled certain deadlines in this administrative proceeding by seven days. 7 The deadline for the final results is now October 8, 2024.
Footnotes:
7 ? See Memorandum, "Tolling of Deadlines for Antidumping and Countervailing Duty Proceedings," dated July 22, 2024.
Scope of the Order
The merchandise covered by this order is raw flexible magnets. For a complete description of the scope of the Order, see the Issues and Decision Memorandum. 8
Footnotes:
8 ? See Memorandum, "Issues and Decision Memorandum for the Final Results of the Expedited Third Sunset Review of the Countervailing Duty Order on Raw Flexible Magnets from the People's Republic of China," dated concurrently with, and adopted by, this notice (Issues and Decision Memorandum).
Analysis of Comments Received
A complete discussion of all issues raised in this sunset review, including the likelihood of continuation or recurrence of countervailable subsidies in the event of revocation of the Order and the countervailable subsidy rates likely to prevail if the Order were revoked, is provided in the Issues and Decision Memorandum. A list of the topics discussed in the Issues and Decision Memorandum is attached as an appendix to this notice. 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), which 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.
Final Results of Sunset Review
Pursuant to sections 751(c) and 752(b) of the Act, we determine that revocation of the Order would be likely to lead to continuation or recurrence of a countervailable subsidies at the following net countervailable subsidy rates:
| Producers/exporters | Net countervailable subsidy rate (percent ad valorem ) |
|---|---|
| China Ningbo Cixi Import Export Corporation | 109.95 |
| Polyflex Magnets Ltd | 109.95 |
| All Others | 109.95 |
Administrative Protective Order (APO)
This notice serves as the only reminder to parties subject to an APO of their responsibility concerning the disposition of proprietary information disclosed under APO in accordance with 19 CFR 351.305, which continues to govern business proprietary information in this segment of the proceeding. 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 the terms of an APO is a violation subject to sanction.
Notification to Interested Parties
Commerce is issuing and publishing these final results and this notice in accordance with sections 751(c), 752(b), and 777(i)(1) of the Act, and 19 CFR 351.218.
Dated: October 7, 2024.
Dawn Shackleford,
Executive Director for Trade Agreements Policy and Negotiations.
Appendix
List of Topics Discussed in the Issues and Decision Memorandum
I. Summary
II. Background
III. Scope of the Order
IV. History of the Order
V. Legal Framework
VI. Discussion of the Issues
1. Likelihood of Continuation or Recurrence of a Countervailable Subsidy
2. Net Countervailable Subsidy Rates Likely to Prevail
3. Nature of the Subsidies
VII. Final Results of Sunset Review
VIII. Recommendation
[FR Doc. 2024-23567 Filed 10-10-24; 8:45 am]
BILLING CODE 3510-DS-P