Imports of prestressed concrete steel rail tie wire (PC tie wire) from China, Mexico and Thailand are being sold in the United States at less than their fair value and are harming the domestic industry, according to the U.S. International Trade Commission (ITC) on Friday. The Commission vote was unanimous, with all six members of the ITC voting in the affirmative.
This antidumping duty investigation began May 13, 2012, in response to a Petition filed by Davis Wire Corporation of Kent, Washington and Insteel Wire Products Company of Mount Airy, North Carolina. Based on allegations set forth in the petition and subsequent examination of data by the agency, the Commerce Department estimated the dumping margins at 67.43% for China, 159.44% for Mexico, and 53.72% for Thailand.
According to Kathleen Cannon, a partner at Kelley, Drye & Warren LLP and counsel to the domestic industry in this case, "This affirmative decision is an important first step in remedying the devastating injury that U.S. producers have suffered due to surging volumes of unfairly low-priced imports of PC tie wire." The preliminary determination of the Commerce Department is scheduled to be issued on September 30, 2013. A final DOC determination is expected by December 28, with a final ITC determination by the end of January 2014. If the final determinations still content dumping occurred, orders for remedies will be issued February 4, 2014.
The Petition filed against imports of PC tie wire was only the second trade remedy petition filed with the ITC and Commerce Department under the antidumping and/or countervailing duty laws in 2013. PC tie wire is a carbon wire product designed for use as tendons in concrete railroad ties.
According to the U.S. Census Bureau’s Global Trade Atlas, based upon the HTSUS sub-headings that included PC tie wire, the United States imported 27,000 metric tons of products in this sub-heading from China in 2012, up 7,000 tons from 2011 and valued at $35,571,000. The U.S. imported 8,000 metric tons in this subheading from Mexico in 2012, up from 7,000 metric tons in 2011 and valued at $14,685,000. From Thailand, the U.S. imported 200 metric tons, up from 100 tons n 2011. It was valued at $373,000.