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NEWS RELEASE 99-163; DECEMBER 8, 1999 December 8, 1999
News Release 99-163
Invs. Nos. AA1921-124 (Review) and 731-TA-546 547(Review)

ITC MAKES FINAL DETERMINATION IN FIVE-YEAR (SUNSET) REVIEWS
CONCERNING CERTAIN STEEL WIRE ROPE FROM JAPAN, KOREA, AND MEXICO

The U.S. International Trade Commission (ITC) today determined that revoking the existing antidumping duty finding and orders on certain steel wire rope from Japan, Korea, and Mexico would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

As a result of the Commission's determination, the existing antidumping duty finding and orders on imports of these products will be revoked, effective January 1, 2000.

With regard to Japan, Vice Chairman Marcia E. Miller and Commissioners Carol T. Crawford, Jennifer A. Hillman, and 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. Chairman Lynn M. Bragg and Commissioner Stephen Koplan found that revoking the existing finding would be likely to lead to a continuation or recurrence of material injury within a reasonably foreseeable time.

With regard to Korea, all six Commissioners found that revoking the existing order would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

With regard to Mexico, Chairman Bragg, Vice Chairman Miller, and Commissioners Crawford, Hillman, and Askey found that revoking the existing order would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. Commissioner Koplan found that revoking the existing order would 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 Certain Steel Wire Rope from Japan, Korea, and Mexico (Invs. Nos. AA1921-124 (Review) and 731-TA-546-547 (Review), USITC Publication 3259, December 1999) will contain the views of the Commission and information developed during the review.

Copies may be requested after January 5, 2000, 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) within a reasonably foreseeable time. 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, 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) reviews concerning Certain Steel Wire Rope from Japan, Korea, and Mexico were instituted on January 4, 1999.

On April 8, 1999, the Commission voted to conduct full reviews. Concerning carbon steel wire rope from Korea, Chairman Lynn M. Bragg, Vice Chairman Marcia E. Miller, and Commissioners Jennifer A. Hillman, Stephen Koplan, and Thelma J. Askey concluded that both the domestic group response and the respondent group response for this review were adequate and voted for a full review. Commissioner Carol T. Crawford concluded that the domestic group response was inadequate and the respondent group response was adequate and voted for an expedited review. Concerning steel wire rope from Japan and carbon steel wire rope from Mexico, Chairman Lynn M. Bragg, Vice Chairman Marcia E. Miller, and Commissioners Jennifer A. Hillman, Stephen Koplan, and Thelma J. Askey concluded that the domestic group response was adequate and the respondent group responses were inadequate and voted for full reviews. Commissioner Carol T. Crawford concluded that both the domestic group response and the respondent group responses were inadequate and voted for expedited reviews.

Information concerning the reasons for the Commission's vote to conduct full reviews was published in the Federal Register on April 19, 1999. 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"/"Steel Wire Rope from Japan"; "Carbon Steel Wire Rope from Korea"; and "Carbon Steel Wire Rope from Mexico").

In addition, a record of the Commission's vote to conduct full reviews 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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