China Rod Imports Take Another Hit

July 24

00:00 2014

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The U.S. government has taken a hard line against steel rod imported from China.

This week the U.S. International Trade Commission (USITC) decided to maintain its existing antidumping order on steel threaded rod from China.

The unanimous vote came during a five-year “sunset” review that was instituted The ITC determined that revoking the AD order would likely lead to “continuation or recurrence of material injury within a reasonably foreseeable time.”

The review concerning steel threaded rod from China began on March 3, 2014.

On June 6, 2014, the Commission voted to conduct an expedited review. All six Commissioners concluded that the domestic group response for these reviews was adequate and the respondent group response was inadequate and voted for an expedited review.

The Commission’s public report Steel Threaded Rod from China (Inv. No. 731-TA-1143 (Review), USITC Publication 4483, August 2014) will be available after August 25, 2014.

The latest tariff news comes weeks after the U.S. Commerce Department set preliminary subsidy rates of up to 81% on imported steel wire rod from China.

In early July the department made its preliminary affirmative determination that Chinese producers and exporters of carbon and certain alloy steel wire rod received countervailing subsidy rates ranging from 10.3% to 81.36%.

The complaint about imports of hot-rolled carbon steel and alloy steel rod from China was made by ArcelorMittal USA, Charter Steel, Evraz Pueblo, Gerdau Ameristeel, Keystone Consolidated Industries and Nucor Corp.

Imports of Chinese wire rod totaled $313 million in 2013.

The Commerce Department is due to make its final decision on the matter by Nov. 12.

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