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Tapered Roller Bearings from Korea Do Not Injure U.S. Industry, Says USITC

July 13, 2018
News Release 18-086
Inv. No. 731-TA-1380 (Final)
Contact: Peg O'Laughlin, 202-205-1819
Tapered Roller Bearings from Korea Do Not Injure U.S. Industry, Says USITC

The United States International Trade Commission (USITC) today determined that a U.S. industry is not materially injured or threatened with material injury by reason of imports of tapered roller bearings from Korea that the U.S. Department of Commerce (Commerce) has determined are sold in the United States at less than fair value.

Chairman David S. Johanson and Commissioners Irving A. Williamson and Meredith M. Broadbent voted in the negative.  Commissioner Rhonda K. Schmidtlein voted in the affirmative and found that the domestic industry is threatened with material injury.  Commissioner Jason E. Kearns did not participate in this vote.

As a result of the USITC’s negative determination, no antidumping duty order will be issued.

The Commission’s public report Tapered Roller Bearings from Korea (Inv. No. 731-TA-1380 (Final), USITC Publication 4806, August 2018) will contain the views of the Commission and information developed during the investigation.

The report will be available by August 22, 2018; when available, it may be accessed on the USITC website at: http://pubapps.usitc.gov/applications/publogs/qry_publication_loglist.asp.


UNITED STATES INTERNATIONAL TRADE COMMISSION
Washington, DC 20436

FACTUAL HIGHLIGHTS

Tapered Roller Bearings (TRB) from Korea
Investigation No. 731-TA-1380 (Final)

Product Description:  The scope of this investigation covers all tapered roller bearings with a nominal outside cup diameter of eight inches and under, regardless of type of steel used to produce the bearing, whether of inch or metric size, and whether the tapered roller bearing is a thrust bearing or not. Such tapered roller bearings include finished cup and cone assemblies entering as a set, finished cone assemblies entering separately, and finished parts (cups, cones, and tapered rollers). These tapered roller bearings are sold individually as a set (cup and cone assembly), as a cone assembly, as a finished cup, or packaged as a kit with one or several tapered roller bearings, a seal, and grease. The scope of the investigation includes finished rollers and finished cones that have not been assembled with rollers and a cage. Tapered roller bearings can be a single row or multiple rows (e.g., two- or four-row), and a cup can handle a single cone assembly or multiple cone assemblies.

Status of Proceedings:

1.   Type of investigation:  Final phase antidumping duty investigation.
2.   Petitioners:  The Timken Company, North Canton, Ohio.
3.   USITC Institution Date:  Wednesday, June 28, 2017.
4.   USITC Hearing Date:  Tuesday, June 05, 2018.
5.   USITC Vote Date:  Friday, July 13, 2018.
6.   USITC Notification to Commerce Date:  Wednesday, August 01, 2018.

U.S. Industry in 2017:

1.   Number of U.S. producers:  7.
2.   Location of producers’ plants:  Alabama, Illinois, Indiana, Michigan, Missouri, North Carolina, Ohio, South Carolina, Tennessee, and Virginia.
3.   Production and related workers:  3,180.
4.   U.S. producers’ U.S. shipments:  $861.9 million.
5.   Apparent U.S. consumption:  $1.5 billion.
6.   Ratio of subject imports to apparent U.S. consumption:  5.3 percent.

U.S. Imports in 2017:

1.   Subject imports:  $78.3 million.
2.   Nonsubject imports:  $529.2 million.
3.   Leading import sources:  Japan, China, and Korea.

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