ITC to Uphold Duties on Wire Rod from Seven Countries
06/04/2008 - The U.S. ITC will uphold the existing countervailing duty order on carbon and alloy steel wire rod from Brazil and the existing antidumping duty orders on imports of that product from Brazil, Indonesia, Mexico, Moldova, Trinidad and Tobago, and Ukraine; it will revoke the existing antidumping duty order on imports of this product from Canada.
The U.S. International Trade Commission (ITC) announced that it would uphold the existing countervailing duty order on carbon and certain alloy steel wire rod from Brazil and the existing antidumping duty orders on imports of that product from Brazil, Indonesia, Mexico, Moldova, Trinidad and Tobago, and Ukraine. The ITC will, however, revoke the existing antidumping duty order on imports of this product from Canada.
The decision to uphold the countervailing and antidumping duty order on alloy steel rod imported from Brazil, Indonesia, Mexico, Moldova, Trinidad and Tobago, and Ukraine follows the recent finding by the Department of Commerce, as well as the ITC’s subsequent determination that revoking these orders would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
The ITC had determined that revoking the existing antidumping duty order on imports of that product from Canada would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
With respect to Brazil, Indonesia, Moldova, and Ukraine, all six Commissioners made affirmative determinations. With respect to Trinidad and Tobago, Vice Chairman Shara L. Aranoff and Commissioners Charlotte R. Lane, Irving A. Williamson, and Dean A. Pinkert voted in the affirmative; while Chairman Daniel R. Pearson and Commissioner Deanna Tanner Okun voted in the negative. With respect to Mexico, Vice Chairman Aranoff and Commissioners Okun, Lane, Williamson, and Pinkert voted in the affirmative; Chairman Pearson voted in the negative. With respect to Canada, Chairman Pearson, Vice Chairman Aranoff, and Commissioners Okun and Williamson voted in the negative; and Commissioners Lane and Pinkert voted in the affirmative.
This action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act. Background on these five-year (sunset) reviews follows.
