STEEL WIRE ROPE FROM CHINA AND INDIA
DOES NOT INJURE U.S. INDUSTRY, SAYS ITC
The United States International Trade Commission (ITC) today determined that an industry in the United States is neither materially injured nor threatened with material injury by reason of imports of steel wire rope from China and India that the Department of Commerce has determined are sold in the United States at less than fair value.
Chairman Stephen Koplan, Vice Chairman Deanna Tanner Okun, and Commissioners Lynn M. Bragg, Marcia E. Miller, Jennifer A. Hillman, and Dennis M. Devaney voted in the negative.
As a result of the Commission's negative determinations, no antidumping duties will be imposed.
The Commission's public report Steel Wire Rope from China and India (Investigations Nos. 731-TA-868-869 (Final), USITC Publication 3406, March 2001) will contain the views of the Commission and information developed during the investigations.
Copies may be obtained after April 20, 2001, by calling 202-205-1809 or from the Office of the Secretary, 500 E Street SW, Washington, DC 20436. Requests may also be made by fax to 202-205-2104.
Steel Wire Rope From China and India
Investigations Nos. 731-TA-868 and 869 (Final)
Product Description: Ropes, cables, and cordage of iron or carbon or stainless steel, other than stranded wire, not equipped with fittings or made up into articles, and not made up of brass-plated wire. The subject product consists of bright (uncoated), galvanized (zinc-coated), and other carbon steel wire rope coated with metals or metallic alloys other than brass, or with textile, plastic, or other nonmetallic materials. Stainless steel wire rope also is subject to the investigations. The subject steel wire ropes are provided for in subheadings 7312.10.60 and 7312.10.90 of the Harmonized Tariff Schedule of the United States.
Status of Proceedings: 1. Type of investigations: Final antidumping. 2. Petitioner: The Committee of Domestic Steel Wire Rope and Specialty Cable Manufacturers. 3. Investigations instituted by USITC: March 1, 2000. 4. Hearing: February 21, 2001. 5. USITC vote: March 21, 2001. 6. USITC notification of Commerce: March 30, 2001. U.S. Industry: 1. Number of producers: 11 currently producing. 2. Location of producers' plants: Production facilities accounting for most of domestic production are located in Missouri and Pennsylvania. 3. Employment of production and related workers, 1999: 1,589 4. U.S. consumption, 1999: (1) 5. Ratio of total imports to consumption, 1999: (1) 6. Ratio of unfair imports to consumption, 1999: (1) U.S. Imports: 1. Quantity of total imports of carbon and stainless steel wire rope in 1999: (1) 2. Leading sources of imports in 1999 (by value): Korea, China, Canada, Malaysia, and Germany.
(1) Withheld to avoid disclosure of business proprietary information.