US DOC to issue AD/CVD orders on Chinese wire rod imports
The United States International Trade Commission (USITC) determined Monday that a US industry is materially injured by reason of imports of carbon and certain alloy steel wire rod from China that the US Department of Commerce (DOC) has determined are subsidized and sold in the United States at less than fair value. All six Commissioners voted in the affirmative.
As a result of the USITC’s affirmative determinations, the DOC will issue antidumping and countervailing duty orders on imports of this product from China.
The DOC previously made affirmative critical circumstances determinations in its investigations. Therefore, the Commissioners who made affirmative determinations today are required to determine whether imports covered by The DOC’s critical circumstances determinations are likely to undermine seriously the remedial effect of the antidumping and countervailing duty orders the DOC will issue. With respect to critical circumstances, all six Commissioners voted in the negative.
The Commission’s public report Carbon and Certain Alloy Steel Wire Rod from China (Investigation Nos. 701-TA-512 and 731-TA-1248 (Final), USITC Publication 4509, December 2014) will contain the views of the Commissioners and information developed during the investigations.