Having determined that increased imports of steel wire rod are a substantial cause of the threat of serious injury to the domestic steel wire rod industry, I am required, pursuant to section 202(e)(1) of the Trade Act of 1974, to recommend action to the President that will address the threat of serious injury to the domestic industry and be most effective in facilitating the efforts of the domestic industry to make a positive adjustment to import competition.

In deciding the form and amount of relief to recommend, I took into account the factors enumerated in section 202(e)(5) of the Trade Act, including: the threat of serious injury that I found to exist; the objectives and actions specified in the adjustment plan submitted by Petitioners; information available to the Commission concerning market conditions in domestic and world markets; and likely developments affecting such conditions during the period for which action is requested. I further considered the evidentiary basis for my injury determination in this investigation, the impact relief may have on the steel wire rod market, and the administrative feasibility of implementing a given action.

For the reasons set forth in my separate views on remedy in this investigation, I have recommended the following action to the President, which I find will address the threat of serious injury to the domestic steel wire rod industry and be most effective in facilitating the efforts of the domestic industry to make a positive adjustment to import competition:

(1) I recommend that the President impose a duty, in addition to the current rate of duty, for a four-year period, on all imports of steel wire rod that are the subject of this investigation without exclusion except as provided below, as follows: 7 percent ad valorem in the first year of relief; 6.5 percent ad valorem in the second year of relief; 6.0 percent ad valorem in the third year of relief; and, 5.5 percent ad valorem in the fourth year of relief;

(2) Having made an affirmative finding with respect to imports of steel wire rod from Canada under section 311(a) of the NAFTA Implementation Act, I recommend that such imports be subject to the increase in duty described above;

(3) Having made a negative finding with respect to imports of steel wire rod from Mexico under section 311(a) of the NAFTA Implementation Act, I recommend that such imports be excluded from the increase in duty described above;

(4) I recommend that the increase in duty described above apply to imports of steel wire rod entered duty-free from beneficiary countries under the Caribbean Basin Economic Recovery Act, but that it not apply to imports of steel wire rod entered duty-free from beneficiary countries under the Andean Trade Preference Act or imports of steel wire rod from Israel.