News on Turkey
U.S. Trade Panel Ends Dumping Case on Wire from Three Countries
Separate case on saw blades from China, Korea advanced by Commerce Department
27 December 2005
Washington -- The U.S. International Trade Commission (USITC) has terminated a dumping case on carbon and certain alloy steel wire imports from China, Germany and Turkey.
In a December 23 preliminary determination, USITC said these imports did not materially injure or threaten domestic U.S. producers of similar products.
Earlier in December, the commission ended a dumping case on imports of liquid sulfur dioxide from Canada.
As a result of these rulings, all related investigations will halt.
Imposition of anti-dumping duties requires final affirmative determinations both from the Department of Commerce that dumping occurred and from USITC that the imports injured or threatened U.S. industry.
In a separate action, Commerce ruled that diamond saw blades and related parts imported from China and South Korea were dumped on the U.S. market.
In a December 21 preliminary determination, it calculated dumping margins ranging to more than 164 percent for the products from China and up to 11.25 percent for those from South Korea.
The department is expected to make a final determination in May 2006 and USITC to issue its final ruling in July 2006.
In the meantime, U.S. Customs and Border Protection will collect a cash deposit or bond on any subject imports equal to the preliminary dumping margins; the money would be returned in the event of a negative determination.
In 2004, U.S. imports of diamond saw blades from China amounted to $26.1 million, an almost 60 percent increase over 2003 levels, and those from South Korea to $26.6 million, a 38 percent increase over 2003 levels.
Dumping is the import of goods at a price below the home-market or a third-country price or below the cost of production. A dumping margin represents by how much the fair-value price exceeds the dumped price.