U.S. Producers Obtain Affirmative Preliminary Determination From ITC In Antidumping Case Against PC Tie Wire From China, Mexico And Thailand

WASHINGTON, June 7, 2013 /PRNewswire-USNewswire/ -- The U.S. International Trade Commission today determined that imports of prestressed concrete steel rail tie wire ("PC tie wire") from China, Mexico and Thailand are causing injury to the domestic industry.  The Commission vote was unanimous, with all six members of the ITC voting in the affirmative.

This antidumping duty investigation was initiated on May 13, 2012, in response to a Petition filed by Davis Wire Corporation of Kent, Washington and Insteel Wire Products Company of Mount Airy, North Carolina.  Based on allegations set forth in the Petition and subsequent examination of data by the agency, the Commerce Department estimated the dumping margins at 67.43% for China, 159.44% for Mexico, and 53.72% for Thailand. The preliminary determination of the Commerce Department is scheduled to be issued on September 30, 2013.

Kathleen Cannon, a partner at Kelley, Drye & Warren LLP and counsel to the domestic industry in this case, stated: "This affirmative decision is an important first step in remedying the devastating injury that U.S. producers have suffered due to surging volumes of unfairly low-priced imports of PC tie wire."

The Petition filed against imports of PC tie wire was only the second trade remedy petition filed with the ITC and Commerce Department under the antidumping and/or countervailing duty laws in 2013.  PC tie wire is a carbon wire product designed for use as tendons in concrete railroad ties.

About Kelley Drye's International Trade and Customs Group
As one of the largest and most highly regarded international trade and customs practices in the country, Kelley Drye assists clients with a full range of importing and exporting activities. We are experts in protecting domestic manufacturers against unfairly traded goods and helping companies overcome barriers to entry in foreign markets. We have worked with every significant U.S. trade and customs statute, including antidumping, countervailing duty, export control and economic sanctions laws, the Foreign Corrupt Practices Act, the Customs Modernization Act, section 201 (escape clause), section 301 (violations of U.S. trade rights), and section 337 (unfair trade practices).

SOURCE Kelley Drye & Warren LLP