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Prestressed Concrete Steel Wire Strand from Argentina, Colombia, Egypt, Netherlands, Saudi Arabia, Taiwan, Turkey, and the United Arab Emirates Injures U.S. Industry, Says USITC

January 8, 2021
News Release 21-003
Inv. No. 1502-1504, 1508-1509, 1512, 1514, and 1516 (Final)
Contact: Peg O'Laughlin, 202-205-1819
Prestressed Concrete Steel Wire Strand from Argentina, Colombia, Egypt, Netherlands, Saudi Arabia, Taiwan, Turkey, and the United Arab Emirates Injures U.S. Industry, Says USITC

The United States International Trade Commission (USITC) today determined that a U.S. industry is materially injured by reason of imports of prestressed concrete steel wire strand from Argentina, Colombia, Egypt, Netherlands, Saudi Arabia, Taiwan, Turkey, and the United Arab Emirates that the U.S. Department of Commerce (Commerce) has determined are sold in the United States at less than fair value and are subsidized by the government of Turkey.

Chair Jason E. Kearns, Vice Chair Randolph J. Stayin, and Commissioners David S. Johanson, Rhonda K. Schmidtlein, and Amy A. Karpel voted in the affirmative. 

As a result of the Commission’s affirmative determinations, Commerce will issue a countervailing duty order on imports of this product from Turkey and antidumping duty orders on imports of this product from Argentina, Colombia, Egypt, Netherlands, Saudi Arabia, Taiwan, Turkey, and the United Arab Emirates.

The Commission also made negative findings concerning critical circumstances with regard to imports of this product from Colombia, Egypt, Netherlands, and Turkey that are sold in the United States at less than fair value.  As a result, these imports will not be subject to retroactive antidumping duties.

The Commission’s public report Prestressed Concrete Steel Wire Strand from Argentina, Colombia, Egypt, Netherlands, Saudi Arabia, Taiwan, Turkey, and the United Arab Emirates (Inv. Nos. 701-TA-646 and 731-TA- 731-TA-1502-1504, 1508-1509, 1512, 1514, and 1516 (Final), USITC Publication 5153, January 2021) will contain the views of the Commission and information developed during the investigations.

The report will be available by February 11, 2021; 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

Prestressed Concrete Steel Wire Strand
from Argentina, Colombia, Egypt, Netherlands, Saudi Arabia, Taiwan, Turkey, and United Arab Emirates

Investigation Nos. 701-TA-646 and 731-TA-1502-1504, 1508-1509, 1512, 1514, and 1516 (Final)

Product Description:  The merchandise covered by these investigations is prestressed concrete steel wire strand (PC strand), produced from wire of non-stainless, non-galvanized steel, which is suitable for use in prestressed concrete (both pre-tensioned and post-tensioned) applications. The product definition encompasses covered and uncovered strand and all types, grades, and diameters of PC strand. PC strand is normally sold in the United States in sizes ranging from 0.25 inches to 0.70 inches in diameter.

Status of Proceedings:

1.   Type of investigation:  Final countervailing duty and antidumping duty investigations.
2.   Petitioners:  Insteel Wire Products Company, Mount Airy, NC; Sumiden Wire Products Corporation, Dickson, TN; and Wire Mesh Corporation, Houston, TX.
3.   USITC Institution Date:  Thursday, April 16, 2020.
4.   USITC Hearing Date:  Thursday, December 10, 2020.
5.   USITC Vote Date:  Friday, January 8, 2021.
6.   USITC Notification to Commerce Date:  Thursday, January 21, 2021.

U.S. Industry in 2019:

1.   Number of U.S. producers:  5.
2.   Location of producers’ plants:  Arkansas, California, Florida, South Carolina, Tennessee, and Texas.
3.   Production and related workers:  378.
4.   U.S. producers’ U.S. shipments:  [1]
5.   Apparent U.S. consumption:  1
6.   Ratio of subject imports to apparent U.S. consumption:  1

U.S. Imports in 2019:

1.   Subject imports:  $114 million.
2.   Nonsubject imports:  1
3.   Leading import sources:  Malaysia, Spain, Turkey, Italy, and Tunisia.


[1] Withheld to avoid disclosure of business proprietary information.

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