On Friday, the United States International Trade Commission (USITC) determined that there is a reasonable indication that a US industry is materially injured by reason of imports of prestressed concrete steel rail tie wire from China, Mexico, and Thailand that are allegedly sold in the United States at less than fair value. All six Commissioners voted in the affirmative.
This antidumping duty investigation was initiated on May 13, 2012, in response to a Petition filed by Kent, Washington-based Davis Wire Corporation and Mount Airy, North Carolina-based Insteel Wire Products Company. Based on allegations set forth in the petition and subsequent examination of data by the agency, the Commerce Department estimated the dumping margins at 67.43 percent for China, 159.44 percent for Mexico, and 53.72 percent for Thailand. The preliminary determination of the Commerce Department is scheduled to be issued on September 30, 2013.