The U.S. International Trade Commission (ITC) today determined that revoking the existing
countervailing duty order on prestressed concrete steel wire strand from India, the existing
antidumping duty orders on this product from Brazil, India, Korea, Mexico, and Thailand, and
the existing antidumping duty finding on this product from Japan would be likely to lead to
continuation or recurrence of material injury within a reasonably foreseeable time.
As a result of the Commission's affirmative determinations, the existing countervailing duty order on imports of this product from India, the existing antidumping duty orders on imports of this product from Brazil, India, Korea, Mexico, and Thailand and the existing antidumping duty finding on imports of this product from Japan will remain in place.
All six Commissioners voted in the affirmative.
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 Prestressed Concrete Steel Wire Strand from Brazil, India, Japan, Korea, Mexico, and Thailand (Inv. Nos. 701-TA-432 and 731-TA-1024-1028 (Review) and AA1921-188 (Third Review)), USITC Publication 4114, November 2009) will contain the views of the Commission and information developed during the reviews.
Copies may be requested after December 15, 2009, by emailing pubrequest@usitc.gov, calling 202- 205-2000, or writing to 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) review concerning Prestressed Concrete Steel Wire Strand from Brazil, India, Japan, Korea, Mexico, and Thailand was instituted on December 1, 2008.
On March 6, 2009, the Commission voted to conduct full reviews. With respect to Mexico, all six Commissioners found that both the domestic and respondent group responses were adequate and voted for full reviews. With respect to India, Japan, Brazil, and Thailand, all six Commissioners found that the domestic group response was adequate and the respondent group response were inadequate, but that circumstances warranted full reviews. With respect to Korea, Chairman Shara L. Aranoff, Vice Chairman Daniel R. Pearson, and Commissioners Deanna Tanner Okun and Irving A. Williamson found that both the domestic and respondent group responses were adequate and voted for full reviews; Commissioners Charlotte R. Lane and Dean A. Pinkert found that the domestic group response was adequate and the respondent group responses were inadequate, but that circumstances warranted full reviews.
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.