The US Department of Commerce announced the preliminary results of its administrative review of the antidumping order against carbon and certain alloy steel wire rod from Mexico. The review covers producers/exporters - Hylsa puebla, S.A. de C.V.; and Siderurgica Lazaro Cardenas Las Truchas S.A. de C.V. and its affiliate, CCC Steel GmbH (collectively SICARTSA) - during the period from October 1, 2003 through September 30, 2004. The Department has preliminarily determined weighted-average dumping margins of 4.97% for Hylsa Puebla and 4.28% for SICARTSA. These margins compare with the current dumping duty deposit rates of 5.45% for Hylsa Puebla and 1.06% for SICARTSA. The Department plans to complete this review by March 2006, and the current dumping duty deposit rates will remain in effect until the Department's final results are published in the Federal Register. The US Commerce Department also announced the result of its expedited sunset review of the antidumping orders against stainless steel wire rod from Brazil, France, and India. As expected, the Department found that revocation of these orders would likely lead to the continuation or recurrence of dumping. According to a recent survey by a Washington-based think tank, the Commerce Department has never ruled that a dumping order should be revoked under the sunset provision unless the domestic industry has already informed the Department that it has no interest in continuing the order. As a result, the Commission has decided to conduct a full sunset review of these orders.   American Wire Producers Association |
