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News Release 20-052
Inv. No(s). 701-TA-646 and 731-TA-1502-1516 (Preliminary)
Contact: Peg O'Laughlin, 202-205-1819
The United States International Trade Commission (USITC) today determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of prestressed concrete steel wire strand from Argentina, Colombia, Egypt, Indonesia, Italy, Malaysia, Netherlands, Saudi Arabia, South Africa, Spain, Taiwan, Tunisia, Turkey, Ukraine, and United Arab Emirates that are allegedly sold in the United States at less than fair value and subsidized by the government of Turkey.
Chairman David S. Johanson and Commissioners Rhonda K. Schmidtlein, Jason E. Kearns, Randolph J. Stayin, and Amy A. Karpel voted in the affirmative.
As a result of the Commission’s affirmative determinations, the U.S. Department of Commerce will continue with its antidumping and countervailing duty investigations concerning imports of this product from Argentina, Colombia, Egypt, Indonesia, Italy, Malaysia, Netherlands, Saudi Arabia, South Africa, Spain, Taiwan, Tunisia, Turkey, Ukraine, and United Arab Emirates, with its preliminary countervailing duty determination due on or about July 10, 2020, and its antidumping duty determinations due on or about September 23, 2020.
The Commission’s public report Prestressed Concrete Steel Wire Strand from Argentina, Colombia, Egypt, Indonesia, Italy, Malaysia, Netherlands, Saudi Arabia, South Africa, Spain, Taiwan, Tunisia, Turkey, Ukraine, and United Arab Emirates (Inv. Nos. 701-TA-646 and 731-TA-1502-1516 (Preliminary), USITC Publication 5062, June 2020) will contain the views of the Commission and information developed during the investigations.
The report will be available after June 29, 2020; when available, it may be accessed on the USITC website at: https://www.usitc.gov/commission_publications_library.
UNITED STATES INTERNATIONAL TRADE COMMISSION
Washington, DC 20436
FACTUAL HIGHLIGHTS
Prestressed Concrete Steel Wire Strand (PC strand) from Argentina, Colombia, Egypt, Indonesia, Italy, Malaysia, Netherlands, Saudi Arabia,South Africa, Spain, Taiwan, Tunisia, Turkey, Ukraine, and United Arab Emirates
Investigation Nos. 701-TA-646 and 731-TA-1502-1516 (Preliminary)
Product Description: The merchandise covered by these investigations is prestressed concrete steel wire strand (PC strand), produced from wire of non-stainless, non-galvanized steel, which is suitable for use in prestressed concrete (both pre-tensioned and post-tensioned) applications. The product definition encompasses covered and uncovered strand and all types, grades, and diameters of PC strand. PC strand is normally sold in the United States in sizes ranging from 0.25 inches to 0.70 inches in diameter.
Status of Proceedings:
1. Type of investigation: Preliminary phase antidumping duty and countervailing duty investigations.
2. Petitioners: Insteel Wire Products, Mount Airy, NC; Sumiden Wire Products Corporation, Dickson, TN; and Wire Mesh Corporation, Houston, TX.
3. USITC Institution Date: Thursday, April 16, 2020.
4. USITC Conference Date: Thursday, May 7, 2020.
5. USITC Vote Date: Friday, May 29, 2020.
6. USITC Notification to Commerce Date: Monday, June 1, 2020.
U.S. Industry in 2019:
1. Number of U.S. producers: 5.
2. Location of producers’ plants: Arkansas, California, Florida, South Carolina, Tennessee, and Texas.
3. Production and related workers: 378.
4. U.S. producers’ U.S. shipments: $321.4 million.
5. Apparent U.S. consumption: $450.3 million.
6. Ratio of subject imports to apparent U.S. consumption: 25.3 percent.
U.S. Imports in 2019:
1. Subject imports: $114.1 million.
2. Nonsubject imports: $14.8 million.
3. Leading import sources: Malaysia, Spain, Turkey, Tunisia, and Italy.