Galv wire industry not hurt by imports: ITC
May 24, 2012 | 04:53 PM
| Catherine Ngai
NEW YORK The U.S. galvanized steel wire industry has not been materially injured by imports from China and Mexico as its market share has not changed and foreign materials pose no threat to domestic production or sales, according to an opinion released by the U.S. International Trade Commission (ITC).
Last month, the ITC ruled 4-to-2 in favor of the foreign parties in the anti-dumping and countervailing duty case (AMM, April 24), which came as a surprise to many industry participants.
The petitionersDavis Wire Corp., Johnstown Wire Technologies Inc., Mid-South Wire Co. Inc., National Standard LLC and Oklahoma Steel & Wire Co. Inc.had originally argued that the subject imports were priced too low, hurting the U.S. market (AMM, Nov. 28). Respondents from Mexico included Deacero SA de CV and its importer Deacero USA Inc., as well as Aceros Camesa SA de CV and domestic producer WireCo WorldGroup Inc.....
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