Sailing-Winds of change for America's Cup in Bermuda Triangle
HAMILTON, Bermuda, June 24 Mystery surrounds what next for the America's Cup if New Zealand win sailing's most prestigious prize in Bermuda next week.
(Adds background on probe)
WASHINGTON, April 18 The U.S. Department of Commerce said on Tuesday it was launching investigations into whether imports of carbon and alloy steel wire rod from certain countries are being dumped and/or subsidized.
The probe affects imports from Belarus, Italy, South Korea, Russia, South Africa, Spain, Turkey, Ukraine, the United Arab Emirates and Britain; the subsidization probe covers those from Italy and Turkey, the Commerce Department said in a statement.
The action follows petitions from Gerdau Ameristeel US Inc, a subsidiary of Gerdau SA, Nucor Corp, Keystone Consolidated Industries and Charter Steel, it said.
Wire rod is a hot-rolled intermediate steel product used in a wide variety of other intermediate and end-use products.
In 2016, the estimated imports of carbon and alloy steel wire rod were valued at an estimated $10.4 million from Belarus; $12.2 million from Italy; $45.6 million from Korea; $32.3 million from Russia; $7.1 million from South Africa; $40.7 million from Spain; $41.4 million from Turkey; $55 million from Ukraine; $7 million from the United Arab Emirates; and $20.5 million from the United Kingdom, the statement said.
If the U.S. International Trade Commission makes a preliminary finding by a May 12 deadline that the imports cause damage to U.S. producers, the investigations will continue, the Commerce Department said.
(Reporting by Eric Beech; Writing by Eric Walsh; Editing by Leslie Adler)
June 23 The U.S. Marine Corps said on Friday it resumed flight operations for Lockheed Martin Corp's F-35B fighter jets after temporarily suspended operations a day ago because of software problems.
June 23 The UPS employee who shot three coworkers to death last week inside a United Parcel Service facility in San Francisco before killing himself appears to have singled out his victims deliberately, but a motive remains unknown, police said on Friday.