September 16, 2022
News Release 22-099
Inv. No(s). Inv. Nos. 701-TA-673-675 and 677 (Final)
Contact: Jennifer Andberg, 202-205-1819
USITC Makes Determinations Concerning Subsidized Imports of Steel Nails from India, Oman, Sri Lanka and Turkey

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 steel nails from India, Oman, and Turkey that the U.S. Department of Commerce (Commerce) has determined are subsidized. 

The Commission further found that the imports of these products from Sri Lanka that Commerce has determined are subsidized are negligible and voted to terminate the countervailing duty investigation concerning Sri Lanka.

Chairman David S. Johanson and Commissioners Rhonda K. Schmidtlein, Jason E. Kearns, Randolph J. Stayin, and Amy A. Karpel voted in the negative with respect to the countervailing duty investigations for India, Oman, and Turkey. They made a finding of negligibility with respect to the countervailing duty investigation involving Sri Lanka.

As a result of the Commission’s negative determinations, no countervailing duty orders will be imposed on imports for India, Oman, and Turkey. As a result of the finding of negligibility, the countervailing duty investigation regarding imports from Sri Lanka will be terminated.

The Commission’s public report Steel Nails from India, Oman, Sri Lanka, and Turkey (Inv. Nos. 701-TA-673-675 and 677 (Final), USITC Publication 5370, September 2022) will contain the views of the Commission and information developed during the investigations.

The report will be available by October 14, 2022; 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

Steel Nails from India, Oman, Sri Lanka, and Turkey
Investigation Nos. 701-TA-673-675 and 677 (Final)

Product Description:  The merchandise covered by these investigations is certain steel nails having a nominal shaft or shank length not exceeding 12 inches. Certain steel nails include, but are not limited to, nails made from round wire and nails that are cut from flat-rolled steel or long-rolled flat steel bars. Certain steel nails may be of one piece construction or constructed of two or more pieces. Examples of nails constructed of two or more pieces include, but are not limited to, anchors comprised of an anchor body made of zinc or nylon and a steel pin or a steel nail; crimp drive anchors; split-drive anchors, and strike pin anchors. Also included in the scope are anchors of one piece construction.

Status of Proceedings:

  1. Type of investigation:  Final countervailing duty investigations.
  2. Petitioner:  Mid Continent Nail Corporation, Poplar Bluff, Missouri
  3. USITC Institution Date:  Thursday, December 30, 2021.
  4. USITC Hearing Date:  Wednesday, August 17, 2022.
  5. USITC Vote Date:  Friday, September 16, 2022.
  6. USITC Notification to Commerce Date:  Wednesday, October 5, 2022.

U.S. Industry in 2021:

  1. Number of U.S. producers:  9 responding firms.
  2. Location of producers’ plants:  Arkansas, California, Illinois, Missouri, Ohio, South Carolina, and Tennessee.
  3. Production and related workers:  736.
  4. U.S. producers’ U.S. shipments:  $282 million.
  5. Apparent U.S. consumption:  $1,604 million.
  6. Ratio of subject imports to apparent U.S. consumption:  23.8 percent.

U.S. Imports in 2021:

  1. Subject imports:  $381 million.
  2. Nonsubject imports:  $941 million.
  3. Leading import sources (by value):  China, Oman, Taiwan, Thailand, South Korea.
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