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US DOC Determines CVD on Imports of PC Steel Wire Strand from India

Steel News - Published on Mon, 29 Jun 2020

Image Source: PC Steel Wire Strand
US Department of Commerce found that revocation of the countervailing duty order on prestressed concrete steel wire strand from India would be likely to lead to continuation or recurrence of a countervailable subsidy rate of 62.92%.
The merchandise subject to this order is prestressed concrete steel wire, which is steel strand produced from wire of non-stainless, non-galvanized steel, which is suitable for use in prestressed concrete, both pre-tensioned and post-tensioned applications. The product definition encompasses covered and uncovered strand and all types, grades, and diameters of PC strand. The merchandise is classifiable under subheadings 7312.10.3010 and 7312.10.3012 of the Harmonized Tariff Schedule of the United States.

On February 4, 2004, Commerce initiated the third sunset review of the Order. On March 13, 2020, Commerce received a timely notification of intent to participate from Insteel Wire Products Company, Strand-Tech Manufacturing, Inc, Sumiden Wire Products Corporation, and Wire Mesh Corp.

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Posted By : Yogender Pancholi on Mon, 29 Jun 2020
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