This morning, five domestic
wire rod mills filed an antidumping suit against carbon and alloy
wire rods from
Turkey,
China, and
Germany.
The petitioning mills are Connecticut Steel, Gerdau Ameristeel USA, Mittal Steel USA Georgetown, Keystone Consolidated Industries, and Rocky Mountain Steel.
The petitioners allege antidumping margins of 330 percent for
China, 42 percent to 83 percent for
Germany, and 31 percent to 78 percent for
Turkey.
There are already antidumping orders against
Brazil,
Canada,
Indonesia,
Mexico,
Moldova, Trinidad and Tobago, and
Ukraine from an antidumping filing in 2001.
According to today's press release from Connecticut Steel Corporation, Gerdau Ameristeel, and Keystone, imports from the three countries in question have captured an increasing share of the
US market in the past few years, increasing from 12 percent in 2002, to 23 percent in 2004, and reaching 28 percent of the domestic market in the first half of 2005.
The entire investigative process takes usually more than a year, and final determinations of injury and dumping will occur in late 2006.
The review will cover the period between October 1, 2004, through September 30, 2005. The product under investigation is 4.75-19.00 mm dia
wire rods.