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 certain steel threaded rod from India and Thailand that are allegedly sold in the United States at less than fair value and alleged to be subsidized by the Government of India.
All six Commissioners voted in the affirmative.
As a result of the Commission's affirmative determinations, the US Department of Commerce will continue to conduct its investigations on imports of these products, with its preliminary countervailing duty determination due on or about September 20, 2013, and its preliminary antidumping duty determinations due on or about December 4, 2013.