Cheap Nails From UAE Hurting US Producers, ITC Rules

Law360, New York (April 19, 2012, 6:57 PM EDT) -- The U.S. International Trade Commission said Thursday that underpriced imports of steel nails from the United Arab Emirates had harmed domestic nail manufacturers, setting the stage for the U.S. Department of Commerce to impose anti-dumping duties on the products.

The agency issued a unanimous final ruling that unfairly cheap nails from the United Arab Emirates were hurting the American market by artificially depressing prices. The commission's decision follows Commerce's March 20 ruling in a parallel investigation that found dumping had taken place.

The ITC will now...
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