(Adds background on petitioners, value of imports)
WASHINGTON May 11 The U.S. International Trade
Commission said on Thursday it had made a preliminary finding
that U.S. producers were being injured by imports of carbon and
alloy steel wire rod from 10 countries.
As a result, the U.S. Commerce Department will continue an
investigation it launched in April into whether the product was
being dumped by Belarus, Italy, South Korea, Russia, South
Africa, Spain, Turkey, Ukraine, the United Arab Emirates and
Britain. The department is also examining whether imports from
Italy and Turkey are being subsidized.
Gerdau Ameristeel US Inc, a subsidiary of Gerdau SA
, Nucor Corp, Keystone Consolidated Industries
and Charter Steel had requested the trade probe.
Wire rod is a hot-rolled intermediate steel product used in
a wide variety of products.
In 2016, the United States imported an estimated $10.4
million of carbon and alloy steel wire rod 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.
(Reporting by Tim Ahmann; Writing by Eric Walsh)