The United States International Trade Commission (USITC) on June 10 determined that a US industry is materially injured by reason of imports of prestressed concrete steel wire (PC) strand from China, which the US Department of Commerce (DOC) has determined are subsidized and sold in the United States at less than fair value.
As a result of the Commission's affirmative determinations, the Department of Commerce will issue antidumping and countervailing duty orders on imports of this product from China.
As SteelOrbis previously reported, the US DOC had on May 17 announced its final determinations in the antidumping (AD) and countervailing duty (CVD) investigations of PC strand from China. The US DOC determined AD margins between 42.97-193.55 percent and CVD margins ranging from 8.85-45.85 percent.