Steel Wire Rod: ITC Preliminarily Finds Injury, Continues AD/CVD Investigations
The International Trade Commission on May 11 voted that there is a "reasonable indication" that dumped and illegally subsidized imports of carbon and certain alloy steel wire rod from Belarus, Italy, South Korea, Russia, South Africa, Spain, Turkey, Ukraine, the…
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United Arab Emirates and the United Kingdom are injuring U.S. industry, it said (here). The ITC's affirmative preliminary injury determination means ongoing antidumping and countervailing duty investigations on steel wire rod from these 10 countries will continue. The Commerce Department will now consider whether to impose cash deposit requirements on steel wire rod in its preliminary CV duty determinations for Italy and Turkey, currently due June 21, and its preliminary AD determinations for all 10 countries, due Sept. 5. Both deadlines may be postponed.