Manufacturing Industry
U.S. steel wire rod mills file unfair trade cases.(Brief Article)
Purchasing, December, 2005
Staff Five domestic producers of carbon and alloy steel wire rod are seeking punitive duties for alleged dumping wire rod products from mills in China, Germany and Turkey. The domestic mills say they have been injured financially by sales of imports as much as 330% below the cost of production by the Chinese mills.
The alleged dumping margins of the German mills range from 42% to 82% and from 31% to 78% from the Turkish steelmakers. These trade cases are similar to unfair sales petitions that resulted in the imposition of dumping duties on wire rod imports from Brazil, Canada, Indonesia, Mexico, Moldova, Trinidad and Tobago, and Ukraine in 2002. The U.S. mills involved--Connecticut Steel, Gerdau Ameristeel, Keystone Consolidated Industries,...
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