ITC to Conduct Sunset Reviews of PC Strand from Six Countries
03/09/2009 - The U.S. ITC votes to conduct full five-year sunset reviews on the countervailing duty order on prestressed concrete steel wire strand from India and antidumping duty orders on this product from Brazil, India, Japan, Korea, Mexico, and Thailand.
The U.S. International Trade Commission has voted to conduct full five-year "sunset" reviews on the countervailing duty order on prestressed concrete steel wire strand from India and antidumping duty orders on this product from Brazil, India, Japan, Korea, Mexico, and Thailand.
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The Uruguay Round Agreements Act requires the Department of Commerce to revoke an antidumping or countervailing duty order, or terminate a suspension agreement, after five years — unless the Department of Commerce and the ITC determine that revoking the order or terminating the suspension agreement would be likely to lead to continuation or recurrence of dumping or subsidies (Commerce) and of material injury (ITC) within a reasonably foreseeable time.
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With respect to Korea, Chairman Shara L. Aranoff, Vice Chairman Danial R. Pearson, and Commissioners Deanna Tanner Okun and Irving A. Williamson found that both the domestic and respondent group responses were adequate and voted for full reviews; Commissioners Charlotte R. Lane and Dean A. Pinkert found that the domestic group response was adequate and the respondent group responses were inadequate, but that circumstances warranted full reviews.
As a result of the vote, the Commission will conduct full reviews to determine whether revocation of these orders would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
The Commission's notice of institution in five-year reviews requests that interested parties file with the Commission responses that discuss the likely effects of revoking the order under review and provide other pertinent information. If responses to the ITC's notice of institution are adequate, or if other circumstances warrant a full review, the Commission conducts a full review, which includes a public hearing and issuance of questionnaires.
