US confirms duties on steel wire from China, Mexico
In its final ruling on the prestressed wire, which is primarily used in commuter and high speed rail lines, Commerce set dumping margins on Chinese imports of between 31.4 percent and 35.3 percent, slightly higher than its preliminary ruling.
The complaint was lodged by Insteel Wire Products Company, a division of Insteel Industries, and Davis Wire Corporation. In 2013, imports of the wire from China were valued at $31.1 million and from Mexico at $21.3 million.
The U.S. International Trade Commission is due to make its final ruling in the case on June 12.