USITC Imposes Anti Dumping Decision On Wire Rods From Italy, South Korea, Spain, Turkey And UK

US industry is materially injured by reason of imports

20180503140301

The United States International Trade Commission (USITC) has determined that US industry is materially injured by reason of imports of carbon and certain alloy steel wire rod from Italy, Korea, Spain, Turkey, and the United Kingdom that the US Department of Commerce (Commerce) has determined are sold in the United States at less than fair value and subsidized by the governments of Italy and Turkey.

As a result of the USITC鈥檚 affirmative determinations, Commerce will issue antidumping duty orders on imports of this product from Italy, Korea, Spain, Turkey, and the United Kingdom, and countervailing duty orders on imports of this product from Italy and Turkey.

The Commission also made a negative finding concerning critical circumstances with regard to imports of this product from Spain, Turkey, and the United Kingdom. As a result, imports of carbon and certain alloy steel wire rod from Spain and the United Kingdom will not be subject to retroactive antidumping duties, and imports of this product from Turkey will not be subject to retroactive countervailing duties.

Product Description: Certain hot-rolled products of carbon steel and alloy steel, in coils, of approximately round cross section, less than 19.00 mm in actual solid cross-sectional diameter. Wire rod is an intermediate good that is primarily used for subsequent drawing and finishing for wire drawers.