US ITC determination on SS WR from three countries

Friday, 30 June 2006 10:48:30 (GMT+3)   |  
       

The US International Trade Commission (ITC) announced its decision regarding the sunset reviews concerning stainless steel wire rod from Brazil, France, and India. On July 1, 2005, the ITC instituted five-year reviews (“sunset”) concerning the antidumping duty orders on imports of stainless steel wire rod from Brazil, France, and India. ITC used the sunset reviews to determine whether the revocation of the orders would be likely to lead to continuation or recurrence of material injury to US domestic industries. As a result of these reviews, the ITC determined that revocation of the existing antidumping duty order on stainless steel wire rod from India would likely lead to continuation or recurrence of material injury to US domestic industries. On the other hand, the ITC determined that revocation of the existing antidumping duty orders on imports of stainless steel wire rod from Brazil and France would not likely lead to continuation or recurrence of material injury to US domestic industries. Accordingly, the existing order on imports of stainless steel wire rod from India will remain in place. On the other hand, the existing duty orders on imports of stainless steel wire rod from Brazil and France will be revoked.

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