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NEWS RELEASE 01-059; May 3, 2001 May 3, 2001
News Release 01-059
Invs. Nos. 731-TA-888-890 (F)

STAINLESS STEEL ANGLE FROM JAPAN, KOREA, AND SPAIN INJURES U.S. INDUSTRY, SAYS ITC

The United States International Trade Commission (ITC) today determined that an industry in the United States is materially injured by reason of imports of stainless steel angle from Japan, Korea, and Spain that the Department of Commerce has determined are sold in the United States at less than fair value.

All six Commissioners voted in the affirmative. As a result of the Commission's affirmative determinations, the U.S. Department of Commerce will issue antidumping duty orders on imports of this product from Japan, Korea, and Spain.

The Commission's public report Stainless Steel Angle from Japan, Korea, and Spain (Investigations Nos. 731-TA-888-890 (Final), USITC Publication 3421, May 2001) will contain the views of the Commission and information developed during the investigations.

Copies may be obtained after June 1, 2001, by calling 202-205-1809 or from the Office of the Secretary, 500 E Street SW, Washington, DC 20436. Requests may also be made by fax to 202- 205-2104.


UNITED STATES INTERNATIONAL TRADE COMMISSION
Office of Industries
Washington, DC 20436

FACTUAL HIGHLIGHTS

Stainless Steel Angle from Japan, Korea, and Spain
Investigations Nos. 731-TA-888-890 (Final)

Product Description: The imported product subject to these investigations is hot-rolled stainless steel angle of equal leg length. Stainless steel angle is produced in straight lengths and has an "L" shaped cross-section. Stainless steel angle that is produced by processes other than hot rolling or that has legs of unequal length is not subject to these investigations. Stainless steel is an alloy steel containing, by weight, 1.2 percent or less of carbon and 10.5 percent or more of chromium, with or without other elements.

Status of Proceedings:

1. Type of investigations: Final antidumping.
2. Petitioners: Slater Steels Corporation, Specialty Alloys Division, Fort Wayne, IN and
   United Steelworkers of America, AFL-CIO/CLC.
3. Preliminary investigations instituted by the USITC: August 18, 2000.
4. USITC public hearing: March 27, 2001.
5. USITC vote: May 3, 2001.
6. USITC determinations to the U.S. Department of Commerce: May 11, 2001.


U.S. Industry:

1. Number of producers in 2000: One.
2. Location of producer's plant: Fort Wayne, IN.
3. U.S. producer's shipments: (1)
4. U.S. consumption: (1)
5. Ratio of quantity of total imports from all sources to U.S. consumption: (1)


U.S. Imports:

1. From the subject countries during 2000: (1)
2. From other countries during 2000: (1) 

(1) Withheld to avoid disclosure of business proprietary information.

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