ITC MAKES DETERMINATIONS IN FIVE-YEAR (SUNSET) REVIEWS
CONCERNING STAINLESS STEEL WIRE ROD
FROM BRAZIL, FRANCE, AND INDIA
The U.S. International Trade Commission (ITC or Commission) today determined that revoking the existing antidumping duty order on stainless steel wire rod from India would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time, but that revoking the existing antidumping duty orders on this product from Brazil and France would not.
As a result of the Commission's affirmative determination and Commerce's recent affirmative finding, the existing order on imports of this product from India will remain in place. As a result of the Commission's negative determinations, the existing orders on imports of this product from Brazil and France will be revoked.
Chairman Daniel R. Pearson, Vice Chairman Shara L. Aranoff, and Commissioners Jennifer A. Hillman and Deanna Tanner Okun voted in the affirmative with respect to India and in the negative with respect to Brazil and France. Commissioner Stephen Koplan voted in the affirmative with respect to Brazil and India and in the negative with respect to France. Commissioner Charlotte R. Lane voted in the affirmative with respect to all three countries.
Today's action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act. See the attached page for background on these five-year (sunset) reviews.
The Commission's public report Stainless Steel Wire Rod from Brazil, France, and India (Inv. Nos. 731-TA-636-638 (Second Review)), USITC Publication 3866, July 2006) will contain the views of the Commission and information developed during the reviews.
Copies may be requested after August 3, 2006, by calling 202-205-1809 or by contacting the Office of the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436. Requests may be made by fax at 202-205-2104.
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.
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 under review 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 generally does not hold a hearing or conduct further investigative activities in expedited reviews. Commissioners base their injury determination in expedited reviews on the facts available, including the Commission's prior injury and review determinations, responses received to its notice of institution, data collected by staff in connection with the review, and information provided by the Department of Commerce.
The five-year (sunset) reviews concerning Stainless Steel Wire Rod from Brazil, France, and India were instituted on July 1, 2005.
On October 4, 2005, the Commission voted to conduct full reviews. With respect to France, all six Commissioners concluded that both the domestic and the respondent group responses were adequate and voted for a full review. With respect to Brazil and India, all six Commissioners concluded that the domestic group response was adequate and the respondent group responses were inadequate, but that circumstances warranted full reviews.
Information concerning the reasons for the Commission's vote to conduct full reviews was published in the Federal Register on October 17, 2005. That notice and a record of the Commission's vote is posted on the ITC's Internet site at http://info.usitc.gov/oinv/sunset.NSF (under "Stainless Steel Wire Rod - Brazil (2nd Review)," "Stainless Steel Wire Rod - France (2nd Review)," and "Stainless Steel Wire Rod - India (2nd Review)").
In addition, a record of the Commission's vote to conduct full reviews 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.