NORTH AMERICAN NEWS
US continues anti-dumping order on Chinese threaded rod by John Wolz, editor,
GlobalFastenerNews.com
The US International Trade Commission decided to maintain its existing anti-dumping order on steel threaded rod from China.
T T
he unanimous vote came during a five-year ‘sunset’ review concerning steel threaded rod from China, which began in March. In June the Commission voted to conduct an expedited review.
The USITC determined that revoking the anti-dumping order
would likely lead to “continuation or recurrence of material injury within a reasonably foreseeable time”. The Commission issued public report Steel Threaded Rod from China (Inv. No. 731-TA-1143 (Review), USITC Publication 4483, August 2014). The latest tariff news comes weeks after the US Commerce Department set preliminary subsidy rates of up to 81% on
imported steel wire rod from China. In early July the department made its preliminary affirmative determination that Chinese producers and exporters of carbon and certain alloy steel wire rod received countervailing subsidy rates ranging from 10.3% to 81.36%. The complaint about imports of hot-rolled carbon steel and
alloy steel rod from China originated from ArcelorMittal USA, Charter Steel, Evraz Pueblo, Gerdau Ameristeel, Keystone Consolidated Industries and Nucor Corp. Imports of Chinese wire rod totaled US$313 million (241.6 million euros) in 2013. The Commerce Department is due to make its final decision by 12th
November.
US continues investigation on nails from five countries
At end of June the US International Trade Commission initiated preliminary anti-dumping and countervailing duty investigations on steel nail imports from India, Korea, Malaysia, Oman, Taiwan, Turkey and Vietnam.
he investigation follows an official complaint filed in May by US Mid Continent Steel & Wire Inc. The steel nails, provided for in subheading 7317.00.55, 7317.00.65 and 7317.00.75 of the harmonized tariff schedule of the US, were alleged to be subsidized by the governments of India, Korea, Malaysia, Oman, Taiwan, Turkey and Vietnam, and to be sold in the US at less than fair value.
On 11th July the USITC made a preliminary determination that there is a reasonable indication that a US industry is
materially injured by reason of the imports from Korea, Malaysia, Oman, Taiwan, and Vietnam. It ruled that imports from India and Turkey were negligible. Investigation of imports from these two countries has, therefore, terminated. The US Department of Commerce will conduct investigations on imports from the other five countries, with preliminary countervailing duty determinations expected in August and anti-dumping duty determinations in November.
Michigan to subsidize Brugola’s US expansion
An Italian fastener firm is among six international companies approved for state incentives to expand facilities and employment in Michigan, USA, reported
AreaDevelopment.com
B 26
rugola OEB Industriale SpA will spend US$19.6 million (12.6 million euros) on a new facility that will add 58 jobs in the Detroit suburb of Plymouth, Michigan. Brugola, currently employing 13 people in a logistics and warehouse facility in Michigan, manufactures automotive powertrain and engine fasteners used in one of every four vehicles in the world. Companies from China, Italy, Germany and Canada have been approved for Michigan Business Development
Program incentives to invest US$196.4 million (126.5 million euros) in new facilities and create 1,598 jobs. Other companies receiving Michigan subsidies include a German supplier of leather interiors for high-end vehicles; an automotive lighting components supplier from China; a Tier 1 automotive plastics interior trim manufacturer from China; an Italian automotive brake systems supplier and a Canadian automotive interior trim supplier.
Fastener + Fixing Magazine • Issue 89 September 2014
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