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NEWS RELEASE 01-066; MAY 14, 2001 May 14, 2001
News Release 01-066
Invs. Nos. 332-431 (Line Pipe) and 332-432 (Steel Wire Rod)

ITC TO EVALUATE EFFECTS OF SAFEGUARD RELIEF ON U.S. INDUSTRY AND PRINCIPAL USERS OF STEEL WIRE ROD AND CIRCULAR WELDED CARBON QUALITY LINE PIPE

The U.S. International Trade Commission (ITC) has launched two general factfinding investigations that will examine the effects of import relief provided under the global safeguard laws on the domestic industry and principal users of certain steel wire rod and certain circular welded carbon quality line pipe.

The ITC, an independent, nonpartisan, factfinding federal agency, will conduct the investigations at the request of the U.S. Trade Representative (USTR).

In February 2000, following determinations in separate safeguard investigations by the ITC, President Clinton imposed increased tariffs on imports of certain circular welded carbon quality line pipe and tariff-rate quotas on imports of certain steel wire rod as a means of facilitating positive adjustment by the U.S. industries to import competition. At that time, the President instructed the USTR to request that the ITC examine the effects of the respective actions on the domestic wire rod and line pipe industries and the principal users of wire rod and line pipe in the United States.

The ITC will submit its factfinding report concerning certain steel wire rod, which will be confidential, to the USTR no later than August 23, 2001. It will submit its factfinding report concerning certain circular welded carbon quality line pipe, which also will be confidential, to the USTR no later than August 30, 2001.

The ITC is seeking written submissions for the record in connection with these investigations. Written submissions for certain circular welded carbon quality line pipe (one original and 14 copies) should be addressed to the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436, and should be submitted at the earliest practical date but no later than 5:15 p.m. on July 6, 2001. Written submissions for certain steel wire rod (one original and 14 copies) should be submitted to the Secretary at the above address no later than 5:15 p.m. on July 18, 2001.

Further information on the scope of the investigations and appropriate submissions is available in the ITC's notices of investigation, dated May 9, 2001, which can be downloaded from the ITC Internet site (www.usitc.gov) or may be obtained by contacting the Office of the Secretary at the above address or at 202-205-1816.

ITC general factfinding investigations, such as these, cover matters related to tariffs or trade, and are generally conducted at the request of the U.S. Trade Representative, the Senate Committee on Finance or the House Committee on Ways and Means. The resulting reports convey the Commission's objective findings and independent analyses on the subjects investigated. The Commission makes no recommendations on policy or other matters in its general factfinding reports. Upon completion of each investigation, the ITC submits its findings and analyses to the requestor. General factfinding investigation reports are subsequently released to the public, unless they are classified, like these, by the requestor for national security reasons.

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