Carbon and Alloy Steel Wire Rod From Italy: Final Results of the Expedited First Sunset Review of the Countervailing Duty Order

DEPARTMENT OF COMMERCE

International Trade Administration

[C-475-837]

Carbon and Alloy Steel Wire Rod From Italy: Final Results of the Expedited First Sunset Review of the Countervailing Duty Order

AGENCY:

Enforcement and Compliance, International Trade Administration, Department of Commerce.

SUMMARY:

As a result of this expedited sunset review, the U.S. Department of Commerce (Commerce) finds that revocation of the countervailing duty (CVD) order on carbon and alloy steel wire rod (wire rod) from Italy would be likely to lead to continuation or recurrence of countervailable subsidies at the levels as indicated in the “Final Results of Sunset Review” section of this notice.

DATES:

Applicable March 28, 2023.

FOR FURTHER INFORMATION CONTACT:

Scarlet K. Jaldin and James R. Hepburn, AD/CVD Operations, Office VI, Enforcement and Compliance, International Trade Administration, U.S. Department of Commerce, 1401 Constitution Avenue NW, Washington, DC 20230; telephone: (202) 482-4275 and (202) 482-1882, respectively.

SUPPLEMENTARY INFORMATION:

Background

On May 21, 2018, Commerce published the CVD order on wire rod from Italy.

1

On December 1, 2022, Commerce published the notice of initiation of the first sunset review of the

Order,

pursuant to section 751(c) of the Tariff Act of 1930, as amended (the Act).

2

Commerce received a notice of intent to participate from Charter Steel, Commercial Metals Company, Liberty Steel USA, Nucor Corporation, and Optimus Steel LLC (collectively, domestic interested parties) within the deadline specified in 19 CFR 351.218(d)(1)(i).

3

The domestic interested parties claimed interested party status within the meaning of section 771(9)(C) of the Act and 19 CFR 351.102(b)(29)(v) as domestic producers of wire rod in the United States.

1

See Carbon and Alloy Steel Wire Rod from Italy and the Republic of Turkey: Amended Final Affirmative Countervailing Duty Determination for the Republic of Turkey and Countervailing Duty Orders for Italy and the Republic of Turkey,

83 FR 23420 (May 21, 2018) (

Order

).

2

See Initiation of Five-Year (Sunset) Reviews,

87 FR 73757 (December 1, 2022).

3

See

Domestic Interested Parties' Letter, “Domestic Interested Parties' Notice of Intent To Participate,” dated December 15, 2022.

On January 3, 2023, Commerce received an adequate substantive response from the domestic interested parties within the 30-day deadline specified in 19 CFR 351.218(d)(3)(i).

4

Commerce did not receive a substantive response from either the Government of Italy or a respondent interested party to this proceeding. On January 25, 2023, Commerce notified the U.S. International Trade Commission that it did not receive an adequate substantive response from respondent interested parties.

5

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)(B)(2) and (C)(2).

4

See

Domestic Interested Parties' Letter, “Domestic Interested Parties' Substantive Response,” dated January 3, 2023.

5

See

Commerce's Letter, “Sunset Reviews Initiated on December 1, 2022,” dated January 25, 2023.

Scope of the Order

The products covered by the

Order

are carbon and alloy steel wire rod. For a complete description of the scope of the

Order, see

the Issues and Decision Memorandum.

6

6

See

Memorandum, “Issues and Decision Memorandum for the Final Results of the Expedited First Sunset Review of the Countervailing Duty Order of Carbon and Alloy Steel Wire Rod from Italy,” dated concurrently with, and hereby 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 subsidization in the event of revocation of the

Order

and the countervailable subsidy rates likely to prevail if the

Order

were to be revoked, is provided in the Issues and Decision Memorandum. A list of the topics discussed in it 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 Services System (ACCESS). ACCESS is available to registered users at

http://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)(1) and 752(b) of the Act, Commerce determines that revocation of the

Order

would likely lead to the continuation or recurrence of countervailable subsidies at the following rates:

Producer/exporter

Subsidy rate

(percent

ad valorem

)

Ferriere Nord S.p.A

7

4.16

Ferriera Valsider S.p.A

44.18

All-Others

4.16

Administrative Protective Order

7

In the investigation, Commerce found the following companies to be cross-owned with the mandatory respondent, Ferriere Nord S.p.A.: Acciaierie di Verona S.p.A., FIN FER S.p.A., and SIAT S.p.A..

See Countervailing Duty Investigation of Carbon and Alloy Steel Wire Rod from Italy: Final Affirmative Determination,

83 FR 13242, 13243 (March 28, 2018).

This notice serves as the only reminder to parties subject to an administrative protective order (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 terms of an APO is a violation which is subject to sanctions.

Notification to Interested Parties

We are 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: March 22, 2023.

Lisa W. Wang,

Assistant Secretary for Enforcement and Compliance.

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. 2023-06408 Filed 3-27-23; 8:45 am]

BILLING CODE 3510-DS-P