Federal Register, Volume 75, Number 98, May 21, 2010, Pages 28463-28750 Page: 28,560
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Federal Register/Vol. 75, No. 98/Friday, May 21, 2010/Notices
Comment 19: Whether the Department
Erred By Including Intra-Company
Sales in the Denominator Used in the
Net Subsidy Calculation of the Wire Rod
for LTAR Program
Comment 20: The Suitability of the
Benchmark Used to Calculate Benefits
Under the Policy Lending Program
Comment 21: Whether GOC Policy
Lending Is Specific
Comment 22: Whether Chinese Banks
are Government Authorities
Comment 23: Whether The Department
Should Apply AFA Available to
Unverifiable Information Provided by
Xinhua
Comment 24: Whether the Department
Should Investigate the PRC's Alleged
Undervaluation of its Currency and
Find that it Constitutes a
Countervailable Export Subsidy
Comment 25:Whether Provision of Land
by Municipal and Provincial
Governments to Respondents Was
Countervailable
Comment 26:Whether the Provision of
Electricity Is Not Countervailable
Because the Program Provides General
Infrastructure Which Does Not
Constitute a Financial Contribution, Co
27, 45
[FR Doc. 2010-12292 Filed 5-20-10; 8:45 am]
BILLING CODE 3510-DS-S
DEPARTMENT OF COMMERCE
International Trade Administration
[A-570-945]
Prestressed Concrete Steel Wire
Strand From the People's Republic of
China: Final Determination of Sales at
Less Than Fair Value
AGENCY: Import Administration,
International Trade Administration,
Department of Commerce.
DATES: Effective Date: May 21, 2010.
SUMMARY: On December 23, 2009, the
Department of Commerce (the
"Department") published its notice of
preliminary determination of sales at
less than fair value ("LTFV") in the
antidumping investigation of
prestressed concrete steel strand ("PC
strand") from the People's Republic of
China ("PRC").1 The period of
investigation ("POI") is October 1, 2008,
through March 31, 2009. We invited
interested parties to comment on our
preliminary determination. Based on
1 See Prestressed Concrete Steel Wire Strand
From the People's Republic of China: Preliminary
Determination of Sales at Less Than Fair Value, 74FR 68232 (December 23, 2009) ("Preliminary
Determination").our analysis of the comments received,
we have made changes to our margin
calculations for the respondents. We
determine that PC strand from the PRC
is being, or is likely to be, sold in the
United States at LTFV as provided in
section 735 of the Tariff Act of 1930, as
amended ("the Act"). The estimated
margins of sales at LTFV are shown in
the "Final Determination Margins"
section of this notice.
FOR FURTHER INFORMATION CONTACT:
Alan Ray or Alexis Polovina, AD/CVD
Operations, Office 9, Import
Administration, International Trade
Administration, U.S. Department of
Commerce, 14th Street and Constitution
Avenue, NW., Washington DC 20230;
telephone: (202) 482-5403 or (202) 482-
3927, respectively.
SUPPLEMENTARY INFORMATION:
Case History
The Department published its
Preliminary Determination on December
23, 2009. Between January 18, 2010, and
January 27, 2010, the Department
conducted verifications of Wuxi Jinyang
Metal Products Co., Ltd. ("WJMP") and
Xinhua Metal Products Co., Ltd.
("Xinhua Metal"). See the "Verification"
section below for additional
information.
Upon the March 2, 2010, release of
the verification reports,2 we invited
parties to comment on the Preliminary
Determination. On March 15, 2010, we
received case briefs from Petitioners,3
Xinhua Metal, WJMP, and the separate-
rate applicant Fasten Group Import &
Export Co. Ltd. ("Fasten I&E"). On
March 22, 2010, we received rebuttal
briefs from Petitioners, Xinhua Metal,
WJMP, and the Government of China
("GOC"). The Department held the
public hearing on March 31, 2010.
Tolling of Administrative Deadlines
As explained in the memorandum
from the Deputy Assistant Secretary for
Import Administration, the Department
has exercised its discretion to toll
2 Memorandum to the File, from Alexis Polovina,
Case Analyst, through Alex Villanueva, Program
Manager, Verification of the Sales and Processing
Response of Xinhua Metal Products Co., Ltd. in the
Antidumping Duty Investigation of Prestressed
Concrete Steel Wire Strand From the People's
Republic of China ("PRC"), dated March 2, 2010
("Xinhua Metal Verification Report"); Memorandum
to the File, from Alan Ray, Case Analyst, through
Alex Villanueva, Program Manager, Verification of
the Sales and Processing Response of Wuxi Jinyang
Metal Products Co., Ltd. in the Antidumping Duty
Investigation of Prestressed Concrete Steel Wire
Strand From the People's Republic of China
("PRC"), dated March 2, 2010 ("WJMP Verification
Report").
3 American Spring Wire Corp., Insteel WireProducts Company, and Sumiden Wire Products
Corp., (collectively, "Petitioners").deadlines for the duration of the closure
of the Federal Government from
February 5, through February 12, 2010.
Thus, all deadlines in this segment of
the proceeding have been extended by
seven days. The revised deadline for
this final determination is now May 14,
2010. See Memorandum to the Record
from Ronald Lorentzen, DAS for Import
Administration, "Tolling of
Administrative Deadlines As a Result of
the Government Closure During the
Recent Snowstorm," dated February 12,
2010.
Analysis of Comments Received
All issues raised in the case and
rebuttal briefs by parties to this
investigation are addressed in the
"Investigation of Prestressed Concrete
Steel Strand From the People's Republic
of China: Issues and Decision
Memorandum" ("Issues and Decision
Memorandum"), dated concurrently
with this notice and which is hereby
adopted by this notice. A list of the
issues which parties raised and to
which we respond in the Issues and
Decision Memorandum is attached to
this notice as Appendix I. The Issues
and Decision Memorandum is a public
document and is on file in the Central
Records Unit ("CRU"), Room 1117, and
is accessible on the World Wide Web at
http://trade.gov/ia/index.asp. The paper
copy and electronic version of the
memorandum are identical in content.
Changes Since the Preliminary
Determination
Based on our analysis of information
on the record of this investigation, we
have made changes to the margin
calculations for the final determination.
For the final determination, we have
calculated surrogate financial ratios
using the fiscal year 2008-2009
financial statements of Rajratan Global
Wire Ltd. See Issues and Decision
Memorandum at Comment 1.
Additionally, unlike in the Preliminary
Determination, where World Trade
Atlas ("WTA") data was available for
only the first five months of the POI, for
the final determination, WTA data
covering the full POI is available.
Therefore, for surrogate values
calculated for the final determination
derived from WTA data, we have relied
on WTA data covering the full POI. See
Memorandum to the File, from Alan
Ray, Case Analyst, through Alex
Villanueva, Program Manager,
Prestressed Concrete Steel Wire Strand
from the People's Republic of China:
Placing Additional Surrogate Value Data
on the Record, dated January 11, 2010;
Memorandum to the File from AlexisPolovina, Case Analyst, through Alex
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United States. Office of the Federal Register. Federal Register, Volume 75, Number 98, May 21, 2010, Pages 28463-28750, periodical, May 21, 2010; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc52679/m1/106/: accessed April 19, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.