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Four US steel producers have sought
antidumping duties on carbon and alloy wire
rod imports from Belarus, Italy, Russia, South
Africa, South Korea, Spain, Turkey, Ukraine,
UAE and the UK.
In a statement for the companies, Gerdau
Long Steel North America, Nucor, Keystone
Consolidated Industries and Charter Steel
have also requested countervailing duty
investigations of the wire rod sector in Italy
and Turkey.
The mills allege dumping margins ranging
from 21.64 percent (Ukraine) to 821.4 percent
(Russia).
“The substantial increase in low-priced and
unfairly traded carbon and alloy steel wire
rod from the [ten] subject countries since
2014 has injured American manufacturers
and their workers,” said Paul Rosenthal of
Kelley Drye & Warren, counsel for Gerdau,
Keystone and Charter Steel.
In 2014, the US mills won antidumping duties
of 106.19 percent to 110.25 percent, and
countervailing duties on Chinese wire rod
imports. “They were a major supplier. Once
you address a major supplier it’s not all
that unusual for others to take advantage
of an opportunity in the marketplace,”
commented Kathleen Cannon, a Kelley Drye
attorney, adding that the US wire rod mills
are “experienced in this arena” of fighting for
unfair trade relief.
US Department of Commerce will determine
within 20 days of the request whether or not to
initiate the antidumping and countervailing
duty investigations.
Scrutiny for
wire importers
wiredInUSA - May 2017
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