USITC Reaches Decision on Stainless Wire Rod from India
12/19/2011 - The U.S. International Trade Commission determined that revoking the existing antidumping duty order on stainless steel wire rod from India would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. Therefore, the existing order on imports of this product from India will remain in place.
The U.S. International Trade Commission (USITC) determined that revoking the existing antidumping duty order on stainless steel wire rod from India would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
As a result of the affirmative determination, the existing order on imports of this product from India will remain in place.
Chairman Deanna Tanner Okun, Vice Chairman Irving A. Williamson, and Commissioners Daniel R. Pearson, Shara L. Aranoff, and Dean A. Pinkert voted in the affirmative. Commissioner David S. Johanson did not participate in this review.
The action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act, which requires the Department of Commerce to revoke an antidumping or countervailing duty order, or terminate a suspension agreement, after five years unless Commerce and the USITC 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 (USITC) within a reasonably foreseeable time.
The Commission's public report Stainless Steel Wire Rod from India (Inv. No. 731-TA-638 (Third Review), USITC Publication 4300, January 2012) will contain the views of the Commission and information developed during the review.
The sunset review concerning stainless wire rod from India was instituted on July 1, 2011.
