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CV: South Korea Stainless Steel Sheet and Strip in Coils

The ITA states that as of April 2001, Ichon Iron and Steel Company (Inchon) changed its name to INI.

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INI Steel Company (INI) and BNG Steel Co., Ltd. (BNG) 10.55%

The ITA states that as of April 2002, Sammi Steel Co., Ltd. (Sammi) changed its name to BNG Steel Co., Ltd.

1 The ITA states that it found INI and Sammi to be cross-owned and are therefore calculating a single rate for both companies (this includes Inchon and BNG).

The ITA states that the CV cash deposit rates for all non-reviewed companies are unchanged by the results of this review.

Assessment Instructions for the Review Period (01/01/01 - 12/31/01)

The ITA states that it has calculated an individual subsidy rate of 0.55% for INI/BNG and will instruct CBP to assess CV duties on all appropriate entries.

In addition, the assessment rates for all non-reviewed companies are the CV cash deposit rates in effect at time of entry.

(See ITA notice for more information, including the scope of the review. See ITT's Online Archives or 09/15/03 news, 03091540 for BP summary of the preliminary results of this countervailing duty administrative review.)

ITA Contact -Carrie Farley(202) 482-2786

ITA notice (FR Pub 01/14/04) available at http://a257.g.akamaitech.net/7/257/2422/14mar20010800/edocket.access.gpo.gov/2004/pdf/04-832.pdf