wiredinUSA April 2014

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wiredInUSA - April 2014 31
The US’s international trade commission has approved
anti-dumping investigations into carbon and some
alloy steel wire rod from China. The trade panel agreed
that there is a reasonable indication that US industry
was materially injured by imports of these products,
following a complaint brought by companies including
ArcelorMittal USA LLC, Nucor Corporation , Charter Steel,
Evraz Rocky Mountain Steel and Gerdau Ameristeel.
The producers claim that the rod was sold at 100 to
110 percent below fair market value and that Chinese
producers benefited from government subsidies.
The imported wire rod is used for fencing, nails, barbed
wire and rope.
The US department of commerce is expected to make
a preliminary countervailing duty determination in April
and its anti-dumping duty determination in July.
Imports from China rose from 144 tons in 2011 to over
614,000 tons in 2013, the companies said in their request
for an investigation.
chinese
wire rope
investigation