U.S. Nail Manufacturers File Anti-Dumping Petitions Against China and UAE
U.S. Nail Manufacturers File Anti-Dumping Petitions Against China and UAE
John Wolz
Five U.S. nail manufacturers filed anti-dumping petitions alleging imports from China and the United Arab Emirates are causing material injury to the U.S., according to STAFDA Trade News. The petitions ask the U.S. International Trade commission to impose antidumping duties on nail imports to offset sales at less than fair value.
Nail imports jumped 70% from 2004 to 2006. Chinese and UAE nail exports total 75% of the imported nails.
The USITC must make a preliminary determination within 45 days and the U.S. Commerce Department then has up to 160 days to announce preliminary duties. The U.S. Customs & Border Protection agency then requires importers to pay cash deposits or post bonds. The anti-dumping process can take about a year.
Three Specialty Tools & Fastener Distributors Association members Mid-Continent Nail Corp., Gerdau Ameristeel, Atlas Steel & Wire, Maze Nails and two other producers Davis Wire and Treasure Coast Fasteners filed the petitions.
In 2005 nine U.S. diamond saw blade manufacturers, including five STAFDA members, filed an antidumping petition against China and Korea, but lost before the USITC and are now appealing. Web: stafda.org �2007 FastenerNews.com
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