US finalizes duties on imports of wire strand from 7 countries

Posted on 12 May 2021

The US International Trade Commission on May 11 determined that domestic producers of prestressed concrete steel wire strand were materially injured by imports from Indonesia, Italy, Malaysia, South Africa, Spain, Tunisia and Ukraine.

The US Department of Commerce last month determined that these products had been dumped and set final antidumping duties.

According to an April 6 Commerce decision notice, the final weighted-average dumping margins were set at:

• Indonesia: 5.76%-72.28%

• Italy: 3.59%-19.26%

• Malaysia: 3.94%-26.95%

• South Africa: 155.1%

• Spain: 14.75%

• Tunisia: 30.58%

• Ukraine: 19.3%

As a result of the ITC's affirmative injury determinations on May 11, Commerce will issue antidumping duty orders on imports of this product as listed above.

The ITC also made negative critical circumstances findings with regard to certain imports of this product from Indonesia. As a result, these imports will not be subject to retroactive antidumping duties.

Source : Platts