ITC To Keep Duties On Wire Strand From 6 Countries

Law360, New York (November 11, 2009, 12:51 PM EST) -- The U.S. International Trade Commission has voted to maintain countervailing and anti-dumping duty orders on prestressed concrete steel wire strand from a host of nations, finding that domestic manufacturers could be injured if the duties were eliminated.

The ITC determination, part of a five-year sunset review on PC strand, was released Tuesday. All six ITC commissioners voted to keep the duties in place.

As a result of the determinations, the U.S. will maintain for another five years the existing countervailing duty order on imports of PC...
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