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US DoC sets AD duties for steel wire strand by 8 countries, goes to ITC for final step

The U.S. Department of Commerce (DoC) announced that it has made affirmative final determinations in the antidumping duty (AD) investigations of prestressed concrete steel wire strand (PC strand) from Argentina, Colombia, Egypt, the Netherlands, Saudi Arabia, Taiwan, Turkey and the United Arab Emirates, as well as a countervailing duty (CVD) investigation of PC strand from Turkey.

A press release said that the exporters from the countries listed below have dumped PC strand in the United States at the following rates: Argentina, 60.40%; Colombia, 86.09%; Egypt, 29.72%; the Netherlands, 30.86%; Saudi Arabia, 194.40%; Taiwan, 23.89%; Turkey, 53.65%; and UAE, 170.65%. DoC also determined that exporters from Turkey received countervailable subsidies at rates ranging from 30.78% to 158.44%.

The petitioners were Insteel Wire Products Company, Sumiden Wire Products Corporation and Wire Mesh Corporation.

The U.S. International Trade Commission (ITC) was scheduled to make its final injury determinations on or about Jan. 21, 2021. If it upholds the findings, DoC will issue AD and CVD orders. DoC is also conducting concurrent AD investigations of PC strand from Indonesia, Italy, Malaysia, South Africa, Spain, Tunisia, and Ukraine. Final determinations are set for April 6.

Read 787 times Last modified on January 4, 2021