Trade case filed vs. PC tie wire imports
Apr 24, 2013 | 03:58 PM
| Catherine Ngai
NEW YORK Wire producers Davis Wire Corp. and Insteel Industries Inc. have filed an anti-dumping duty petition with the Commerce Department and the U.S. International Trade Commission alleging that imports of pre-stressed concrete (PC) steel rail tie wire from China, Mexico and Thailand are hurting the domestic market.
Irwindale, Calif.-based Davis, a subsidiary of Heico Wire Group, and Mount Airy, N.C.-based Insteel argue that imports of PC tie wire are being sold at less than fair value and that market share for foreign material is increasing quickly, according to a April 23 petition filed with both federal agencies. ....
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