January 20, 1999
News Release 99-011
Inv. No. AA1921-188 (Review)

ITC DETERMINES THAT CONTINUATION OR RECURRENCE OF MATERIAL INJURY
LIKELY IF ANTIDUMPING FINDING ON
PRESTRESSED CONCRETE STEEL WIRE STRAND FROM JAPAN IS REVOKED

The U.S. International Trade Commission (ITC) today determined that revoking the existing antidumping finding on prestressed concrete steel wire strand from Japan would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

As a result of the Commission's vote and the Department of Commerce's recent affirmative finding of likely dumping, the existing antidumping finding on prestressed concrete steel wire strand from Japan will remain in place.

The determination resulted from a 5-1 vote. Chairman Lynn M. Bragg, Vice Chairman Marcia E. Miller, and Commissioners Carol T. Crawford, Jennifer A. Hillman, and Stephen Koplan found that revoking the existing finding would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. Commissioner Thelma J. Askey found that revoking the existing finding would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

Today's action comes under the Five-Year (Sunset) Review process required by the Uruguay Round Agreements Act. See the attached page for background on this five-year (sunset) review.

The Commission's public report Prestressed Concrete Steel Wire Strand from Japan (Inv. No. AA1921-188 (Review), USITC Publication 3156, January 1999) will contain the views of the Commission and information developed during the investigation.

Copies may be requested after February 19, 1999, by calling 202-205-1809 or by contacting the Office of the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436. Requests may be made by fax at 202-205-2104.


BACKGROUND

The Uruguay Round Agreements Act requires the Department of Commerce to revoke an antidumping or countervailing duty order, or terminate a suspension agreement, after five years unless the Department of Commerce and the ITC determine that revoking the order or terminating the suspension agreement would be likely to lead to continuation or recurrence of dumping or subsidies (Commerce) and of material injury (ITC). Reviews of outstanding antidumping and countervailing duty orders in existence as of January 1, 1995, began in July 1998.

The Commission's institution notice in five-year reviews requests that interested parties file responses with the Commission concerning the likely effects of revoking the order under review as well as other information. Generally within 95 days from institution, the Commission will determine whether the responses it has received reflect an adequate or inadequate level of interest in a full review. If responses to the ITC's notice of institution are adequate, or if other circumstances warrant a full review, the Commission conducts a full review, which includes a public hearing and issuance of questionnaires.

The Commission generally does not hold a hearing or conduct further investigative activities in expedited reviews. Commissioners base their injury determination in expedited reviews on the facts available, including the Commission's prior injury determination, and responses received to its notice of institution, data collected by staff in connection with the review, and information provided by the Department of Commerce.

The Five-Year (Sunset) Review concerning Prestressed Concrete Steel Wire Strand from Japan was instituted on September 1, 1998.

On December 4, 1998, the Commission voted to conduct an expedited review in this case. The Commission's determination resulted from a 6-0 vote. Chairman Lynn M. Bragg, Vice Chairman Marcia E. Miller and Commissioners Carol T. Crawford, Jennifer A. Hillman, Stephen Koplan, and Thelma J. Askey concluded that respondent group responses were inadequate and voted for an expedited review.

Information concerning the reasons for the Commission's vote to conduct an expedited review were published in the Federal Register on December 18, 1998. That notice and a record of the Commission's vote are posted on the ITC's Internet server at www.usitc.gov (under "Five-Year (Sunset) Reviews"/"Five-Year Reviews Listing"/"Prestressed Concrete Steel Wire Strand from Japan").

In addition, a record of the Commission's vote to conduct an expedited review is available from the Office of the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436. Requests may be made by telephone by calling 202-205-1802.

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