Trade case vs. China wire rod expected in 2014

Oct 22, 2013 | 03:45 PM | Samuel Frizell

Tags  Wire rod imports, China imports, domestic wire rod mills, International Trade Commission, trade case, Samuel Frizell

NEW YORK — Domestic wire rod mills will likely file a trade case against wire rod imports from China in the first quarter of 2014, mill sources and wire rod buyers said, though a timeline for a petition has not yet been set.

"It’s no longer a question of ‘if,’ it’s a question of ‘when,’" one mill source said.

The mills will likely wait to file a case until fourth quarter financial information can be analyzed, several market participants said.

The U.S. International Trade Commission’s (ITC’s) decision on a pending trade case against rebar imports from Turkey and Mexico likely will also be a factor.....

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