U.S. Department of Commerce Issues Affirmative Preliminary Antidumping Duty Determinations for Prestressed Concrete Steel Wire Strand from Seven Countries
For Immediate Release
November 13, 2020
Contact: Office of Public Affairs
WASHINGTON – Today, the U.S. Department of Commerce announced affirmative preliminary determinations in the antidumping duty (AD) investigations of prestressed concrete steel wire strand (PC strand) from Indonesia, Italy, Malaysia, South Africa, Spain, Tunisia, and Ukraine.
Commerce preliminarily determined that exporters from the countries listed below have dumped PC strand in the United States at the following rates:
• 2.96 to 72.28 percent for Indonesia;
• 3.67 - 19.26 percent for Italy;
• 3.70 to 18.93 percent for Malaysia;
• 59.27 percent for South Africa;
• 14.75 percent for Spain;
• 32.72 percent for Tunisia; and
• 19.32 percent for Ukraine.
As a result of today’s decisions, Commerce will instruct U.S. Customs and Border Protection to collect cash deposits from importers of PC strand from these seven countries based on the preliminary rates noted above.
The petitioners are Insteel Wire Products Company (Mount Airy, NC), Sumiden Wire Products Corporation (Dickson, TN), and Wire Mesh Corporation (Houston, TX).
Commerce is scheduled to announce its final determinations in these cases on or about April 2, 2021.
If Commerce’s final determinations are affirmative, the U.S. International Trade Commission (ITC) will be scheduled to make its final injury determinations on or about May 17, 2021. If Commerce makes affirmative final determinations of dumping and the ITC makes affirmative final injury determinations, Commerce will issue AD orders. If Commerce makes negative final determinations of dumping or the ITC makes negative final determinations of injury, the investigations will be terminated and no orders will be issued.
In 2019, U.S. imports of PC strand were valued at:
• $ 5.38 million from Indonesia;
• $ 10.2 million from Italy;
• $ 26.1 million from Malaysia;
• $ 6.7 million from South Africa;
• $ 15.6 million from Spain;
• $ 9.90 million from Tunisia; and
• $ 0.99 million from Ukraine.
Read the fact sheet on today’s decisions.
Commerce is conducting concurrent AD investigations of PC strand from Argentina, Colombia, Egypt, Saudi Arabia, Taiwan, Turkey, and the United Arab Emirates, as well as a countervailing duty investigation of PC strand from Turkey. These proceedings remain ongoing.
The strict enforcement of U.S. trade law is a primary focus of the Trump Administration. Since the beginning of the current administration, Commerce has initiated 302 new AD and countervailing duty (CVD) investigations – a 278 percent increase from the comparable period in the previous administration.
The AD law provides American businesses and workers with an internationally accepted mechanism to seek relief from the harmful effects of unfair pricing of imports into the United States. The CVD law provides American businesses and workers with an internationally accepted mechanism to seek relief from the harmful effects of unfair subsidization of imports into the United States. Commerce currently maintains 539 AD and CVD orders providing relief to American companies and industries impacted by unfair trade.
Foreign companies that price their products in the U.S. market below the cost of production or below prices in their home markets are subject to antidumping duties.
Commerce’s Enforcement and Compliance unit within the International Trade Administration is responsible for vigorously enforcing U.S. trade laws and does so through an impartial, transparent process that abides by international rules and is based solely on facts submitted to the public record.