May 12, 1999
News Release 99-066
Inv. No. TA-201-69

ITC ANNOUNCES ITS DETERMINATIONS
CONCERNING IMPACT OF IMPORTS OF CERTAIN STEEL WIRE ROD ON U.S. INDUSTRY

The U.S. International Trade Commission (ITC) today announced its determinations in its global safeguard investigation regarding imports of certain steel wire rod.

Three Commissioners, Chairman Lynn M. Bragg, Vice Chairman Marcia E. Miller, and Commissioner Stephen Koplan, made affirmative determinations. Chairman Bragg found that certain steel wire rod is being imported into the United States in such increased quantities as to be a substantial cause of the threat of serious injury to the domestic steel wire rod industry. Vice Chairman Miller and Commissioner Koplan found that certain steel wire rod is being imported into the United States in such increased quantities as to be a substantial cause of serious injury to the domestic steel wire rod industry. Commissioners Carol T. Crawford, Jennifer A. Hillman, and Thelma J. Askey made negative determinations, finding that certain steel wire rod is not being imported into the United States in such increased quantities as to be a substantial cause of serious injury or threat of serious injury to the domestic steel wire rod industry. Because the Commission's vote was evenly divided, both determinations will be forwarded to the President, who may consider either determination as the Commission's determination.

Under section 311 of the North American Free Trade Agreement (NAFTA) Implementation Act, the three Commissioners who made affirmative determinations are required to make findings with regard to imports of certain steel wire rod from Canada and Mexico. Chairman Bragg found that imports of such steel wire rod from Canada account for a substantial share of total imports and contribute importantly to the threat of serious injury to the domestic steel wire rod industry. Vice Chairman Miller and Commissioner Koplan found that imports of such steel wire rod from Canada account for a substantial share of total imports, but do not contribute importantly to serious injury to the domestic steel wire rod industry. All three Commissioners found that imports of such steel wire rod from Mexico do not account for a substantial share of total imports and do not contribute importantly to serious injury or threat of serious injury, as the case may be, to the domestic steel wire rod industry. These findings will be forwarded to the President with the Commission's determinations.

As a result of today's vote, made under section 202 of the Trade Act of 1974, the Commission will proceed to the remedy phase of the investigation. The Commission will hold a hearing on remedy on June 8, 1999; findings and recommendations on injury and remedy in this investigation will be forwarded to the President by July 12, 1999.

The President, not the ITC, will make the final decision concerning whether to provide relief to the U.S. industry and the kind of relief to provide. Under section 312 of the NAFTA Implementation Act, if the President makes negative determinations with respect to imports of certain steel wire rod from Canada and Mexico, such imports will be excluded from any remedy action.

A public report concerning the investigation will be available after the Commission submits its findings and recommendations to the President.

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