The US Department of Commerce (DOC) announced Tuesday its affirmative final determinations in the antidumping duty (AD) investigations of imports of prestressed concrete steel rail tie wire (PC tie wire) from the People’s Republic of China (China) and Mexico, and its negative final determination in the AD investigation of PC tie wire from Thailand.
In the China investigation, mandatory respondent Silvery Dragon Group Technology and Trading Co., Ltd. Tianjin received a final dumping margin of 31.40 percent on exports of subject merchandise produced by Silvery Dragon Prestressed Materials Co., Ltd. Tianjin. The China-wide entity, inclusive of Wuxi Jinyang Metal Products Co., Ltd. and Shanxi New-Mile International Trade Co., Ltd., received a final dumping margin of 35.31 percent.
In the Mexico investigation, mandatory respondent Aceros Camesa S.A. de C.V. received a final dumping margin of 9.99 percent. All other producers/exporters in Mexico also received a final dumping margin of 9.99 percent.
In the Thailand investigation, mandatory respondent The Siam Industrial Wire Co., Ltd. received a final dumping margin of 0.00 percent. Because this company was the sole mandatory respondent, this investigation will be terminated and cash deposits will not be collected.
The petitioners for these investigations are Insteel Wire Products Company and Davis Wire Corporation. In 2013, imports of PC tie wire from China, Mexico, and Thailand were valued at an estimated $31.1 million, $21.3 million, and $3.7 million, respectively.
The ITC is scheduled to make its final injury determinations on June 12, 2014. If the ITC makes affirmative final determinations that imports of PC tie wire from China and/or Mexico materially injure, or threaten material injury to, the domestic industry, Commerce will issue AD orders. If the ITC makes negative determinations of injury, the investigations will be terminated.
