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U.S. ITC to conduct sunset review on alloy wire rod from 6 countries

The U.S. International Trade Commission has voted to conduct full five-year sunset reviews of a countervailing duty order on carbon and certain alloy steel wire rod from Brazil and of antidumping duty (AD) orders on wire rod from Brazil, Indonesia, Mexico, Moldova, Trinidad and Tobago and Ukraine.

A press release said that the Commission will conduct full reviews to determine whether revocation of these orders would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

The case originally stems back to October 2002, at which time the Commission determined that a domestic industry was materially injured by reason of subsidized imports of wire rod from Brazil and Canada and by reason of less than fair value imports of wire rod from Brazil, Canada, Indonesia, Mexico, Moldova, Trinidad and Tobago, and Ukraine. The AD orders were 74.45% to 94.73% for Brazil, 4.06% for Indonesia, 20.11% for Mexico, 369% for Moldova, 11.4% for Trinidad and Tobago and 116.37% for the Ukraine. The countervailing duty margins were 2.76% to 6.74% for Brazil. In September 2007, the Commission conducted a five-year review and in June 2008 it continued the outstanding wire rod orders, with the exception of Canada, which was dropped.

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