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NEWS RELEASE 99-049; APRIL 8, 1999 April 8, 1999
News Release 99-049
Invs. Nos. AA1921-124 (Review) and 731-TA-546-547 (Review)

ITC WILL CONDUCT FULL "SUNSET" REVIEWS CONCERNING STEEL WIRE ROPE FROM JAPAN AND CARBON STEEL WIRE ROPE FROM KOREA AND MEXICO

The U.S. International Trade Commission (ITC) today voted to conduct full five-year ("sunset") reviews concerning the antidumping duty finding on steel wire rope from Japan (Inv. No. AA1921-124 (Review)) and the antidumping duty orders on carbon steel wire rope from Korea and Mexico (Invs. Nos. 731-TA-546-547 (Review)).

As a result of today's votes, the Commission will conduct full reviews to determine whether revocation of the antidumping duty finding on steel wire rope from Japan and the antidumping duty orders on carbon steel wire rope from Korea and Mexico would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. The Commission's reviews in these cases will be completed no later than December 30, 1999, unless extended.

The Uruguay Round Agreements Act requires the Department of Commerce to revoke an antidumping or countervailing duty order, or terminate a suspension agreement, after five years unless the Department of Commerce and the ITC determine that revoking the order or terminating the suspension agreement would be likely to lead to continuation or recurrence of dumping or subsidies (Commerce) and of material injury (ITC) within a reasonably foreseeable time. Reviews of outstanding antidumping and countervailing duty orders in existence as of January 1, 1995, began in July 1998.

The Commission's institution notice in five-year reviews requests that interested parties file responses with the Commission concerning the likely effects of revoking the order as well as other information. Generally within 95 days from institution, the Commission will determine whether the responses it has received reflect an adequate or inadequate level of interest in a full review. If responses to the ITC's notice of institution are adequate, or if other circumstances warrant a full review, the Commission conducts a full review, which includes a public hearing and issuance of questionnaires.

The Commission's determinations to conduct full reviews resulted from 5-1 votes.

Concerning carbon steel wire rope from Korea, Chairman Lynn M. Bragg, Vice Chairman Marcia E. Miller, and Commissioners Jennifer A. Hillman, Stephen Koplan, and Thelma J. Askey concluded that both the domestic group response and the respondent group response for this review were adequate and voted for a full review. Commissioner Carol T. Crawford concluded that the domestic group response was inadequate and the respondent group response was adequate and voted for an expedited review.

Concerning steel wire rope from Japan and carbon steel wire rope from Mexico, Chairman Lynn M. Bragg, Vice Chairman Marcia E. Miller, and Commissioners Jennifer A. Hillman, Stephen Koplan, and Thelma J. Askey concluded that the domestic group response was adequate and the respondent group responses were inadequate and voted for full reviews. Commissioner Carol T. Crawford concluded that both the domestic group response and the respondent group responses were inadequate and voted for expedited reviews.

A record of the Commission's votes on these matters is available from the Office of the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436. Requests may be made by telephone by calling 202-205-1802.

The record of the Commission's votes is also posted on the ITC's Internet server at www.usitc.gov (under "Five-Year (Sunset) Reviews"/"Five-Year Reviews Listing"/"Steel Wire Rope from Japan"; "Carbon Steel Wire Rope from Korea"; and "Carbon Steel Wire Rope from Mexico").

The Federal Register notice will indicate whether any further information or statements will be available. The Commission will issue a report after it completes its reviews.

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