Wire Rod Imports Injure U.S. Industry, ITC Rules

Washington, DC - The U.S. International Trade Commission (ITC) ruled that imports of carbon steel wire rod from seven countries are injuring the U.S. industry, according to a spokesman for the four U.S. companies that comprise the industry.

The commission's final ruling was unanimous (5-0) affirmative for six of the countries, with Trinidad receiving an affirmative 4-1 vote. In addition to Trinidad, the vote sets the stage for the Commerce Department to impose duties on carbon steel wire rod imports from Brazil, Canada, Indonesia, Mexico, Moldavia, and Ukraine. The ITC ruled imports from Germany, charged with unfair trade practices, were not injuring the domestic industry and not subject to duties.

With the final ITC determination of injury, the U.S. Customs Service will begin assessing and collecting duties on imports from the seven countries.

The October vote is the final step in an investigative process that began August 2001, when the major U.S. carbon steel wire rod producers filed the massive unfair trade case that charged the named foreign producers and governments with thwarting U.S. trade law and injuring U.S. producers and workers.