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News Release 15-049
Inv. No(s). 701-TA-521 and 731-TA-1252-1255 and 1257 (Final)
Contact: Peg O'Laughlin, 202-205-1819
The United States International Trade Commission (USITC) today determined that a U.S. industry is materially injured by reason of imports of certain steel nails from Korea, Malaysia, Oman, Taiwan, and Vietnam that the U.S. Department of Commerce has determined are sold in the United States at less than fair value and subsidized by the government of Vietnam.
Vice Chairman Dean A. Pinkert and Commissioners Irving A. Williamson, David S. Johanson, and Rhonda K. Schmidtlein voted in the affirmative. Chairman Meredith M. Broadbent voted in the negative. Commissioner F. Scott Kieff did not participate in these investigations.
As a result of the USITC’s affirmative determinations, Commerce will issue a countervailing duty order on imports of these products from Vietnam and antidumping duty orders on imports of these products from Korea, Malaysia, Oman, Taiwan, and Vietnam.
The Commission’s public report Certain Steel Nails from Korea, Malaysia, Oman, Taiwan, and Vietnam (Investigation Nos. 701-TA-521 and 731-TA-1252-1255 and 1257 (Final), USITC Publication 4541, July 2015) will contain the views of the Commissioners and information developed during the investigations.
The report will be available by July 27, 2015; when available, it may be accessed on the USITC website at: http://pubapps.usitc.gov/applications/publogs/qry_publication_loglist.asp.
UNITED STATES INTERNATIONAL TRADE COMMISSION
Office of Industries
Washington, DC 20436
FACTUAL HIGHLIGHTS
Certain Steel Nails from Korea, Malaysia, Oman, Taiwan, and Vietnam
Investigation Nos. 701-TA-521 and 731-TA-1252-1255 and 1257 (Final)
Product Description: Certain steel nails covered by these investigations have a nominal shaft length not exceeding 12 inches. Certain steel nails include, but are not limited to, nails made from round wire and nails cut from flat-rolled steel. Certain steel nails may be of one piece construction or of two or more pieces. Certain steel nails may be of any type of steel, and may have any type of surface finish, head, shank, point, and shaft diameter. Certain steel nails may be in bulk or they may be collated for use in pneumatic nailing tools in any manner using any material. Excluded from the scope of these investigations are steel roofing nails that meet the specifications of Type I, Style 20 nails as identified in Tables 29 through 33 of ASTM Standard F1667 (2013 revision); nails suitable for use in powder-actuated hand tools, whether or not threaded, currently classified under Harmonized Tariff Schedule of the United States (HTSUS) subheadings 7317.00.20.00 and 7317.00.30.00; nails less than one inch in length that are a part of an unassembled carpentry or furniture article, if the number of nails is 60 or less; and nails of any length packaged in combination with non-subject articles, if the total number of nails is less than 25. Also excluded are certain case-hardened nails, corrugated nails, and thumb tacks.
Status of Proceedings:
1. Type of investigations: Final antidumping and countervailing duty.
2. Petitioner: Mid Continent Nail Corporation, Poplar Bluff, MO.
3. Preliminary investigations instituted by the USITC: May 29, 2014.
4. USITC hearing: May 14, 2015.
5. USITC vote: June 16, 2015.
6. USITC views to the U.S. Department of Commerce: July 6, 2015.
U.S. Industry:
1. Number of U.S. producers in 2014: Fifteen.
2. Location of producers’ plants: California, Colorado, Connecticut, Illinois, Indiana, Massachusetts, Missouri, Ohio, Rhode Island, South Carolina, and Texas.
3. Employment of production and related workers in 2014: 746.
4. U.S. producers’ U.S. shipments in 2014: $209.7 million.
5. Apparent U.S. consumption in 2014: $895.0 million.
U.S. Imports:
1. Total U.S. imports during 2014: $685.3 million.[1]
2. Leading sources during 2014: China, Taiwan, Oman, Korea (in terms of total value).
[1] Value of subject imports withheld to avoid disclosure of business proprietary information.