Open / Close Advertisement

ITC to Uphold Most Antidumping Duties on Rebar

07/11/2007 - The U.S. International Trade Commission will uphold existing antidumping duty orders on steel concrete reinforcing bar from Belarus, China, Indonesia, Latvia, Moldova, Poland, and Ukraine, but will revoke a similar order for the same product imported from Korea.

The U.S. International Trade Commission (ITC) announced that it will uphold existing antidumping duty orders on steel concrete reinforcing bar from Belarus, China, Indonesia, Latvia, Moldova, Poland, and Ukraine, but that it would revoke a similar order for the same product imported from Korea.
 

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.
 
The decision to uphold the orders on imports from Belarus, China, Indonesia, Latvia, Moldova, Poland, and Ukraine follows the recent affirmative finding by the Department of Commerce, as well as the ITC’s subsequent determination that revoking the 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 order for imports from Korea would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time, hence this order was revoked.

 
With respect to China and Indonesia, all six Commissioners voted in the affirmative. With respect to Ukraine, Vice Chairman Shara L. Aranoff and Commissioners Deanna Tanner Okun, Charlotte R. Lane, Irving A. Williamson, and Dean A. Pinkert voted in the affirmative; Chairman Daniel R. Pearson voted in the negative. With respect to Belarus and Moldova, Vice Chairman Aranoff and Commissioners Lane, Williamson, and Pinkert voted in the affirmative; Chairman Pearson and Commissioner Okun voted in the negative. With respect to Latvia and Poland, Commissioners Lane, Williamson, and Pinkert voted in the affirmative; Chairman Pearson, Vice Chairman Aranoff, and Commissioner Okun voted in the negative. With respect to Korea, Chairman Pearson, Vice Chairman Aranoff, and Commissioners Okun and Williamson voted in the negative; 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.