98-24774. Notice of Countervailing Duty Order: Stainless Steel Wire Rod From Italy  

  • [Federal Register Volume 63, Number 178 (Tuesday, September 15, 1998)]
    [Notices]
    [Pages 49334-49335]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-24774]
    
    
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    DEPARTMENT OF COMMERCE
    
    INTERNATIONAL TRADE ADMINISTRATION
    [C-475-821]
    
    
    Notice of Countervailing Duty Order: Stainless Steel Wire Rod 
    From Italy
    
    AGENCY: Import Administration, International Trade Administration, 
    Department of Commerce.
    
    EFFECTIVE DATE: September 15, 1998.
    
    FOR FURTHER INFORMATION CONTACT: Kathleen Lockard or Eric B. Greynolds, 
    Office of CVD/AD Enforcement VI, Import Administration, International 
    Trade Administration, U.S. Department of Commerce, 14th Street and 
    Constitution Avenue, N.W., Washington, D.C. 20230; telephone: (202) 
    482-2786.
    
    The Applicable Statute and Regulations
    
        Unless otherwise indicated, all citations to the statute are 
    references to the provisions of the Tariff Act of 1930, as amended by 
    the Uruguay Round Agreements Act effective January 1, 1995 (the Act). 
    In addition, unless otherwise indicated, all citations to the 
    Department's regulations are to the current regulations codified at 19 
    CFR 351 and published in the Federal Register on May 19, 1997 (62 FR 
    27295).
    
    Scope of Order
    
        For purposes of this order, stainless steel wire rod (SSWR), 
    comprises products that are hot-rolled or hot-rolled annealed and/or 
    pickled and/or descaled rounds, squares, octagons, hexagons or other 
    shapes, in coils, that may also be coated with a lubricant containing 
    copper, lime or oxalate. SSWR is made of alloy steels containing, by 
    weight, 1.2 percent or less of carbon and 10.5 percent or more of 
    chromium, with or without other elements. These products are 
    manufactured only by hot-rolling or hot-rolling, annealing, and/or 
    pickling and/or descaling, and are normally sold in coiled form, and 
    are of solid cross-section. The majority of SSWR sold in the United 
    States is round in cross-sectional shape, annealed and pickled, and 
    later cold-finished into stainless steel wire or small-diameter bar.
        The most common size for such products is 5.5 millimeters or 0.217 
    inches in diameter, which represents the smallest size that normally is 
    produced on a rolling mill and is the size that most wire drawing 
    machines are set up to draw. The range of SSWR sizes normally sold in 
    the United States is between 0.20 inches and 1.312 inches in diameter. 
    Two stainless steel grades SF20T and K-M35FL are excluded from the 
    scope of the order. The percentages of chemical makeup for the excluded 
    grades are as follows:
    
    SF20T
    
    Carbon--0.05 max
    Manganese--2.00 max
    Phosphorous--0.05 max
    Sulfur--0.15 max
    Silicon--1.00 max
    Chromium--19.00/21.00
    Molybdenum--1.50/2.50
    Lead--added (0.10/0.30)
    Tellurium--added (0.03 min)
    
    K-M35FL
    
    Carbon--0.015 max
    Silicon--0.70/1.00
    Manganese--0.40 max
    Phosphorous--0.04 max
    Sulfur--0.03 max
    Nickel--0.30 max
    Chromium--12.50/14.00
    Lead--0.10/0.30
    Aluminum--0.20/0.35
    
        The products subject to this order are currently classifiable under 
    subheadings 7221.00.0005, 7221.00.0015, 7221.00.0030, 7221.00.0045, and 
    7221.00.0075 of the Harmonized Tariff Schedule of the United States 
    (HTSUS). Although the HTSUS subheadings are provided for convenience 
    and customs purposes, the written description of the merchandise is 
    dispositive.
    
    Countervailing Duty Order
    
        In accordance with section 705(d) of the Act, on July 29, 1998, the 
    Department published its final determination in the countervailing duty 
    investigation of certain stainless steel wire rod from Italy (63 FR 
    40474). On September 8, 1998, in accordance with section 705(d) of the 
    Act, the International Trade Commission (ITC) notified the Department 
    of its final determination, pursuant to section 705(b)(1)(A)(i) of the 
    Act, that an industry in the United States suffered material injury as 
    a result of subsidized imports of stainless steel wire rod from Italy.
        Therefore, countervailing duties will be assessed on all 
    unliquidated entries of SSWR from Italy entered, or withdrawn from 
    warehouse, for consumption on or after January 7, 1998, the date on 
    which the Department published its preliminary countervailing duty 
    determination in the Federal Register, and before May 7, 1998, the date 
    the Department instructed the U.S. Customs Service to terminate the 
    suspension of liquidation in accordance with section 703(d) of the Act, 
    and on all entries and withdrawals on or after the date of publication 
    of this countervailing duty order in the Federal Register. Section 
    703(d) states that the suspension of liquidation pursuant to a 
    preliminary determination may not remain in effect for more than four 
    months. Entries of SSWR made on or after May 7, 1998, and prior to the 
    date of publication of this order in the Federal Register are not 
    liable for the assessment of countervailing duties due to the 
    Department's termination, effective May 7, 1998, of the suspension of 
    liquidation.
        In accordance with section 706 of the Act, the Department will 
    direct U.S. Customs officers to reinstitute suspension of liquidation 
    and to assess, upon further advice by the Department pursuant to 
    section 706(a)(1) of the Act, countervailing duties for each entry of 
    the subject merchandise in an amount based on the net countervailable 
    subsidy rate for the subject merchandise.
        On or after the date of publication of this notice in the Federal 
    Register, U.S. Customs officers must require, at the same time as 
    importers would normally deposit estimated duties on this merchandise, 
    a cash deposit equal to the countervailable subsidy rates noted below. 
    The All Others rate applies to all producers and exporters of SSWR from 
    Italy not specifically listed below. The cash deposit rates are as 
    follows:
    
                                 Ad Valorem Rate                            
    ------------------------------------------------------------------------
                                                                       Net  
                           Producer/Exporter                         Subsidy
                                                                     Rate % 
    ------------------------------------------------------------------------
    Cogne Acciai Speciali S.r.l...................................     22.22
    Acciaierie Valbruna S.r.l./Acciaierie di Bolzano S.p.A........      1.28
    All Others....................................................     13.85
    ------------------------------------------------------------------------
    
        This notice constitutes the countervailing duty order with respect 
    to stainless steel wire rod from Italy, pursuant to section 706(a) of 
    the Act.
    
    [[Page 49335]]
    
    Interested parties may contact the Central Records Unit, Room B-099 of 
    the Main Commerce Building, for copies of an updated list of 
    countervailing duty orders currently in effect.
        This countervailing duty order is published in accordance with 
    section 706(a) of the Act and 19 CFR 351.211.
    
        Dated: September 10, 1998.
    Richard W. Moreland,
    Acting Assistant Secretary for Import Administration.
    [FR Doc. 98-24774 Filed 9-14-98; 8:45 am]
    BILLING CODE 3510-DS-P
    
    
    

Document Information

Effective Date:
9/15/1998
Published:
09/15/1998
Department:
International Trade Administration
Entry Type:
Notice
Document Number:
98-24774
Dates:
September 15, 1998.
Pages:
49334-49335 (2 pages)
Docket Numbers:
C-475-821
PDF File:
98-24774.pdf