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wiredInUSA - November 2016
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Rebar reinstatement
Seven US stainless steel bar producers
have filed a request for changed
circumstances reviews through the US
Department of Commerce. The group
argues that Viraj Profiles and Venus Wire
Industries Pvt Ltd should be immediately
reinstatedunder theexistinganti-dumping
duty order on competing product from
India. The companies are contending
that, following revocations from the order,
Viraj Profiles and Venus Wire resumed
dumping rebar and other stainless steel
bar products in the US.
The commerce department granted
revocation to Viraj Profiles and Venus
Wire on the understanding that the
order would be immediately reinstated if
they were later found to have resumed
dumping stainless steel bar into the US
market.
“The available evidence shows that Viraj
Profiles and Venus Wire have resumed
dumping. As such, they should no
longer be entitled to benefit from their
conditional revocation from coverage
under the anti-dumping duty order. If the
anti-dumping duty order is to function
properly, thedepartmentmust ensure that
conditionally revoked companies adhere
to the conditions of their revocation
agreements,” stated the US producers’
counsel, Larry Lasoff. “The dumping
practices by Viraj Profiles and Venus Wire
must be addressed immediately or their
behavior will significantly damage the
effectiveness of the existing anti-dumping
duty order on stainless bar that US
producers worked so hard to put into
place.”
The domestic producers are Carpenter
Technology Corp, Crucible Industries,
Electralloy/G O Carlson, North American
Stainless, Outokumpu Stainless Bar,
Universal Stainless & Alloy Products, and
Valbruna Slater Stainless.
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