Commerce Preliminarily Finds Dumping of Galvanized Wire from China, Mexico
10/31/2011 - The Department of Commerce preliminarily determined that Chinese and Mexican producers/exporters have sold galvanized steel wire in the United States at margins ranging from 76.34 to 235.00%, and 37.87 to 61.54%, respectively.
The Department of Commerce recently announced its affirmative preliminary determinations in the antidumping duty (AD) investigations of imports of galvanized steel wire from the P.R. China and Mexico.
Commerce preliminarily determined that Chinese and Mexican producers/exporters have sold galvanized wire in the United States at margins ranging from 76.34 to 235.00%, and 37.87 to 61.54%, respectively.
In the China investigation, mandatory respondents Tianjin Honbase Machinery Manufactory Co., Ltd.; and Shanghai Bao Zhang Industry Co., Ltd., Anhui Bao Zhang Metal Products Co., Ltd., and B&Z Galvanized Wire Industry received preliminary dumping rates of 131.84 and 76.34%, respectively. Mandatory respondent Tianjin Huayuan Metal Wire Products Co., Ltd. received the China-wide rate of 235.00%, because it did not receive a separate rate.
Sixteen exporters qualified for a separate dumping rate of 127.09%. All other Chinese exporters received a preliminary dumping rate of 235.00%.
In the Mexico investigation, mandatory respondent Deacero S.A. de C.V. received a preliminary dumping rate of 61.54%. Mandatory respondent Aceros Camesa, S.A. de C.V. received a preliminary dumping rate of 37.87%. All other Mexican exporters received a preliminary dumping rate of 59.37%.
As a result of these preliminary determinations, Commerce will instruct U.S. Customs and Border Protection to collect a cash deposit or bond based on these preliminary rates.
The petitioners for these investigations are: Davis Wire Corp. (Calif.), Johnstown Wire Technologies, Inc. (Pa.), Mid-South Wire Co., Inc. (Tenn.), National Standard, LLC (Mich.), and Oklahoma Steel & Wire Co., Inc. (Okla.).
The products covered by these investigations are galvanized steel wire that is a cold-drawn carbon quality steel product in coils, of solid, circular cross section with an actual diameter of 0.5842 mm (0.0230 in) or more, plated or coated with zinc (whether by hot-dipping or electroplating).
In 2010, imports of galvanized wire from China and Mexico were valued at an estimated $53.9 million and $59.6 million, respectively. However, the galvanized wire subject to these investigations can be classified within HTSUS basket categories that contain products beyond the scope of the investigations.
Commerce is currently scheduled to make its final determinations in March 2012. If Commerce makes affirmative final determinations, and the International Trade Commission (ITC) makes affirmative final determinations that imports of galvanized wire from China and/or Mexico materially injure, or threaten material injury to, the domestic industry, Commerce will issue AD orders.
The ITC is scheduled to make its final injury determination on or about April 24, 2012.
