USITC continues case on pre stressed concrete steel rail tie wire from China and Mexico
The United States International Trade Commission (USITC) reports that there is a reasonable indication that a US industry is materially injured by reason of imports of pre stressed concrete steel rail tie wire from China, Mexico, and Thailand that are allegedly sold in the U.S. at less than fair value. It noted that in 2012, imports of PC tie wire from China, Mexico and Thailand were valued at an estimated $35.6 million, $14.7 million and $373,000, respectively. The product covered by the scope of these investigations, it said, is high carbon steel wire; stress relieved or low relaxation; indented or otherwise deformed; meeting at a minimum the American Society for Testing Materials A881/A881M specification; regardless of shape, size, or other alloy element levels; suitable for use as prestressed tendons in concrete railroad ties. High carbon steel is defined as steel that contains 0.6% or more of carbon by weight.
A press release said that due to the commission's affirmative determinations, "the U.S. Department of Commerce will continue to conduct its investigations on imports of these products, with its preliminary antidumping duty determinations due on or about September 30th 2013."
The case was filed as a result of a petition filed on April 23 by Davis Wire Corp.and Insteel Wire Product Co.