An antidumping and countervailing duty petition against imports of wire rod from China is filed by a coalition of US producers of carbon and certain alloy steel wire rod. The coalition is comprised of the following producers:

• Nucor
• ArcelorMittal USA
• Charter Steel
• Evraz Rocky Mountain Steel
• Gerdau Ameristeel
• Keystone Consolidated Industries filed

China is now the largest source of wire rod imports in the US, and the filed antidumping and countervailing duty petition charges that unfairly traded imports of wire rod from China are causing material injury to the domestic wire rod industry. The dumping margins alleged by the domestic industry range from 100 to 110 percent. The countervailing duty petition alleges that the Chinese government provides significant subsidies to Chinese wire rod producers.

The US Department of Commerce will determine whether to initiate AD/CVD investigations within 20 days, and the ITC will reach a preliminary determination of material injury or threat of material injury within 45 days. The entire investigative process will take approximately one year, with final determinations likely occurring in early 2015.