December 23, 2005
News Release 05-152
Inv. Nos. 731-TA-1099-1101(P)
Contact: Peg O'Laughlin, 202-205-1819

ITC VOTES TO END CASES ON CARBON AND CERTAIN ALLOY STEEL WIRE ROD FROM CHINA, GERMANY, AND TURKEY

The United States International Trade Commission (ITC) today determined that there is not a reasonable indication that a U.S. industry is materially injured or threatened with material injury by reason of imports of carbon and certain alloy steel wire rod from China, Germany, and Turkey that are allegedly sold in the United States at less than fair value.

All six Commissioners voted in the negative.

As a result of the Commission's negative determinations, the investigations will end.

The Commission's public report Carbon and Certain Alloy Steel Wire Rod from China, Germany, and Turkey (Investigation Nos. 731-TA-1099-1101 (Preliminary), USITC Publication 3832, January 2006) will contain the views of the Commission and information developed during the investigations.

Copies of the report are expected to be available after January 25, 2006, by calling 202-205-1809 or from the Office of the Secretary, 500 E Street SW, Washington, DC 20436. Requests may also be faxed to 202-205-2104.


FACTUAL HIGHLIGHTS

Carbon and Alloy Steel Wire Rod From China, Germany, and Turkey
Investigation Nos. 731-TA-1099-1101 (Preliminary)

Product Description: The imported products subject to these investigations are certain hot-rolled products of carbon steel and alloy steel, in coils, of approximately circular cross section, 4.75 mm or more, but less than 19.00 mm, in solid cross-sectional diameter. Specifically excluded are steel products possessing the above-noted physical characteristics and meeting the Harmonized Tariff Schedule of the United States ("HTSUS") definitions for (a) stainless steel; (b) tool steel; (c) high nickel steel; (d) ball bearing steel; and (e) concrete reinforcing bars. Also excluded are free machining steel products (i.e., products that contain by weight one or more of the following elements: 0.03 percent or more of lead, 0.05 percent or more of bismuth, 0.08 percent or more of sulfur, more than 0.04 percent of phosphorus, more than 0.05 percent of selenium, or more than 0.01 percent of tellurium).

Status of Proceedings:
     1.   Type of investigations:  Preliminary antidumping.
     2.   Petitioners:  Connecticut Steel Corp., Wallingford, CT; Gerdau AmeriSteel U.S.
          Inc., Tampa, FL; Keystone Steel & Wire Company, Peoria, IL; Mittal Steel USA
          Georgetown, Georgetown, SC; and Rocky Mountain Steel Mills, Pueblo, CO.
     3.   Preliminary investigations instituted by the USITC:  November 10, 2005.
     4.   Commission's conference:  December 1, 2005.
     5.   USITC vote:  December 23, 2005.
     6.   USITC determinations to the U.S. Department of Commerce:  December 27, 2005.

U.S. Industry:
     1.   Number of producers in 2004:  Ten.
     2.   Location of producers' plants: Colorado, Connecticut, Florida, Illinois, New Jersey, North
          Carolina, Ohio, Oregon, South Carolina, Texas, and Wisconsin.
     3.   Employment of production and related workers in 2004: 2558.
     4.   Apparent U.S. consumption in 2004:  $4.0 billion.
     5.   Ratio of the value of total U.S. imports to total U.S. consumption 
          in 2004: 48.3 %.

U.S. Imports:
     1.   From the subject countries during 2004:  $801 million.
     2.   From other countries during 2004:  $1.1 billion.
     3.   Leading sources during 2004:  Canada and China (in terms of total value).
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