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US Department of Commerce makes antidumping determination on steel wire
A US preliminary antidumping duty (AD) determination has been announced by US Commerce Secretary Wilbur Ross after investigations into the sale of carbon and alloy steel wire rod imports from Italy, Korea, South Africa, Spain, Turkey, Ukraine and the United Kingdom.
The Commerce Department is scheduled to announce its final determinations on January 9, reported the American Journal of Transportation.
The department found that the producers and exporters sold carbon and alloy steel wire rod in the United States at less than fair value.
"The dumping of goods below market value in the United States is something the Trump Administration takes seriously," said Mr Ross.
"The Department of Commerce will continue to stand up for American workers and business's in order to ensure that everyone trades on a level playing field," he said.
The US International Trade Commission (ITC) is conducting parallel investigations to determine if the American producers have been harmed by these carbon and alloy steel wire rod imports.
If the final determinations are affirmative, and the ITC makes affirmative final injury determinations, the department will issue antidumping orders.
The Commerce Department is scheduled to announce its final determinations on January 9, reported the American Journal of Transportation.
The department found that the producers and exporters sold carbon and alloy steel wire rod in the United States at less than fair value.
"The dumping of goods below market value in the United States is something the Trump Administration takes seriously," said Mr Ross.
"The Department of Commerce will continue to stand up for American workers and business's in order to ensure that everyone trades on a level playing field," he said.
The US International Trade Commission (ITC) is conducting parallel investigations to determine if the American producers have been harmed by these carbon and alloy steel wire rod imports.
If the final determinations are affirmative, and the ITC makes affirmative final injury determinations, the department will issue antidumping orders.
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