"The domestic producers applaud the Commerce Department's initiation of the changed circumstances review. We believe the evidence gathered by the Commerce Department will demonstrate that both Viraj and Venus Wire have resumed dumping stainless steel bar into the U.S. market following revocation and that both companies should no longer be entitled to benefit from their conditional revocation from coverage under the antidumping duty order," stated Larry Lasoff, counsel for the domestic producers. "The initiation of the review by the Commerce Department brings us one step closer to ensure that the dumping practices by Viraj Profiles and Venus Wire are properly addressed and to restore the effectiveness of the antidumping duty order that the domestic producers have fought so hard to keep in place."
Petitioning companies: The petitioning companies are Carpenter Technology Corporation; Crucible Industries LLC; Electralloy, a Division of G.O. Carlson, Inc.; North American Stainless; Outokumpu Stainless Bar, Inc; Universal Stainless & Alloy Products, Inc.; and Valbruna Slater Stainless, Inc. and are represented by David A. Hartquist, Laurence J. Lasoff, R. Alan Luberda, and Grace Kim of Kelley Drye & Warren LLP.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/us-stainless-steel-bar-producers-encouraged-by-the-department-of-commerces-initiation-of-a-changed-circumstances-review-concerning-two-indian-producers--viraj-profiles-and-venus-wire-300379980.html
SOURCE Kelley Drye & Warren LLP