The U.S. International Trade Commission today unanimously determined that there is a reasonable indication that the domestic steel nails industry is materially injured by dumped and subsidized imports of certain steel nails from the Korea, Malaysia, Oman, Taiwan, and Vietnam. The vote will enable the ITC to continue investigating whether the domestic industry is injured by unfairly traded imports from those five countries. The vote will also enable the U.S. Department of Commerce to continue with its antidumping and countervailing duty investigations of steel nails from those five countries.
The ITC further unanimously determined that steel nails imports from India and Turkey are negligible. As a result of this determination, the investigations of steel nail imports from these two countries will be terminated.
Mid Continent Steel & Wire, Inc., represented by PKR, petitioned for this trade relief on behalf of the domestic steel nails industry injured by unfairly traded imports. For more information about the vote, read the Mid Continent press release or the ITC press release.
