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Federal Register / Vol. 86, No. 2 / Tuesday, January 5, 2021 / Notices subsidiary Dongbu Incheon after Dongbu Steels Board of Directors had International Trade Administration approved the merger.2 Further, on March 27, 2020, Dongbu Steel received A580878, A580881, C580879, C580
shareholder approval for the newly882
merged Dongbu Steel to change its name Certain Cold-Rolled Steel Flat Products to KG Dongbu Steel.3 As such, KG
and Certain Corrosion-Resistant Steel Dongbu Steel requested that Commerce Products From the Republic of Korea:
conduct changed circumstances reviews Preliminary Results of Antidumping CCRs and find that KG Dongbu Steel Duty and Countervailing Duty Changed is the successor in interest to Dongbu Circumstances Reviews Steel and Dongbu Incheon, and that it be subject to cash deposit requirements AGENCY: Enforcement and Compliance, at the AD margins and CVD rates International Trade Administration, currently in effect for entries of coldDepartment of Commerce.
rolled steel and CORE by Dongbu Steel SUMMARY: The Department of Commerce and Dongbu Incheon, pursuant to Commerce preliminarily determines section 751b of the Tariff Act of 1930, that KG Dongbu Steel Co., Ltd. KG
as amended the Act, and 19 CFR
Dongbu Steel is the successor in 351.216b. We did not receive interest to Dongbu Steel Co., Ltd.
comments from other interested parties Dongbu Steel and Dongbu Incheon concerning these requests.
Steel Co., Ltd. Dongbu Incheon for On June 4, 2020, Commerce initiated purposes of determining antidumping the CCRs of the AD and CVD orders on duty AD cash deposits and liabilities cold-rolled steel and CORE from Korea.
pursuant to the AD orders on certain On June 12, 2020, Commerce requested cold-rolled steel flat products coldmore information from KG Dongbu Steel rolled steel and certain corrosionresistant steel products CORE from the regarding the look-back window for Republic of Korea Korea. Additionally, purposes of the CVD CCRs,4 and on June 30, 2020, KG Dongbu Steel filed its Commerce preliminarily determines response.5 For a complete description of that KG Dongbu Steel is not the the successor-in-interest analysis, see successor in interest to Dongbu Steel the Preliminary Decision and Dongbu Incheon for purposes of countervailing duty CVD cash deposits Memorandum.6 A list of topics addressed in the Preliminary Decision and liabilities pursuant to the CVD
Memorandum is included as an orders on cold-rolled steel and CORE, because there was a significant change appendix to this notice. The Preliminary in ownership and operations that could Decision Memorandum is a public have affected the nature and extent of document and is on file electronically the countervailable subsidies via Enforcement and Compliances attributable to KG Dongbu Steel.
Antidumping and Countervailing Duty Interested parties are invited to Centralized Electronic Service System comment on these preliminary results.
ACCESS. ACCESS is available to registered users at https
DATES: Applicable January 5, 2021.
access.trade.gov. In addition, a complete FOR FURTHER INFORMATION CONTACT:
Joshua A. DeMoss, AD/CVD Operations, version of the Preliminary Decision Office VI, Enforcement and Compliance, Memorandum can be accessed directly at http enforcement.trade.gov/frn/.
International Trade Administration, The signed and the electronic versions U.S. Department of Commerce, 1401
Constitution Avenue NW, Washington, 2 Id. at 2.
DC 20230; telephone: 202 4823362.
3 Id.
SUPPLEMENTARY INFORMATION:
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DEPARTMENT OF COMMERCE

Background On April 13, 2020, KG Dongbu Steel informed Commerce that effective September 1, 2019, KG Steel Co., Ltd.
KG Steel purchased a substantial portion of Dongbu Steels shares and, as a result, became the major shareholder of Dongbu Steel.1 On March 2, 2020, Dongbu Steel publicly announced its merger with its wholly-owned 1 See KG Dongbu Steels Letter, Request for Changed Circumstances Review: Change of Name for Dongbu Steel Co., Ltd. and Dongbu Incheon Steel Co., Ltd., dated April 13, 2020.

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See Commerces Letter, Countervailing Duty Changed Circumstances Reviews of Cold-Rolled Steel and Corrosion Resistant Steel CORE from the Republic of Korea, dated June 12, 2020.
5 See KG Dongbu Steels Letter, Certain Corrosion Resistant Steel Products and Cold-Rolled Steel Products from the Republic of Korea Changed Circumstance Review, Case Nos. C580879 and C
580882: First Supplemental Questionnaire Response, dated June 30, 2020.
6 See Memorandum, Preliminary Results of the Changed Circumstances Reviews Regarding Successor-In-Interest Analysis: Antidumping Duty Orders and Countervailing Duty Orders on Certain Cold-rolled Steel Flat Products and Certain Corrosion-resistant Steel Products from the Republic of Korea, dated concurrently with, and hereby adopted by, this notice Preliminary Decision Memorandum.

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of the Preliminary Decision Memorandum are identical in content.
Scope of the Orders The products covered by these CCRs are certain cold-rolled steel products cold-rolled steel and certain corrosionresistant steel products CORE from Korea. For full descriptions of the scope of the orders, see the Preliminary Decision Memorandum.
Preliminary Results of Changed Circumstances Reviews In accordance with 19 CFR 351.216, we preliminarily determine that KG
Dongbu Steel is the successor in interest to Dongbu Steel and Dongbu Incheon for purposes of the AD orders on coldrolled steel and CORE. Record evidence, as submitted by KG Dongbu Steel, indicates that, based on the totality of the circumstances under Commerces successor-in-interest criteria, KG
Dongbu Steels operations are not materially dissimilar to those of Dongbu Steel and Dongbu Incheon before the acquisition and name change with respect to the merchandise under review, for purposes of the AD CCRs.
Moreover, we preliminarily find that KG
Dongbu Steels production facilities, supplier relationships, and customer base with regard to the merchandise subject to the AD orders are substantially the same as Dongbu Steels and Dongbu Incheons before the acquisition and name change.
However, with respect to the CVD
CCRs, we preliminarily find that there is evidence of significant changes in ownership during the look-back window that could have affected the nature and extent of the countervailable subsidies attributable to the successor entity vs. the predecessor entity. These changes in management and ownership would likely have affected subsidization of the companies. An examination of the actual amount and rate of countervailable subsidies attributable to KG Dongbu Steel subsidy, therefore, would be more appropriate in the context of an administrative review.
Therefore, based on record evidence, we preliminarily determine that it is appropriate to apply to KG Dongbu Steel AD cash deposits requirements and liabilities at the rates currently in effect for Dongbu Steel/Dongbu Incheon. For CVD purposes, we preliminarily determine that changes in ownership and management were significant, and thus preliminarily determine that it is not appropriate to apply to KG Dongbu Steel the CVD cash deposit requirements and liabilities currently in effect for Dongbu Steel/Dongbu Incheon.
For additional details regarding the
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