WASHINGTON, AUG 7:
An independent US quasi-judicial federal agency has ruled against imposing any anti-dumping duty against certain categories of steel threaded rods from India.

The ruling by the United States International Trade Commission (USITC) came yesterday a month after the US Department of Commerce determined that an Indian steel threaded rod was being dumped in the country and sought imposition of anti-dumping duty against it.

“The USITC today determined that a US industry is neither materially injured nor threatened with material injury because of imports of certain steel threaded rod from India that the US Department of Commerce has determined are subsidized and sold in the United States at less than fair value,” a media statement said.

The USITC Chairman Meredith M Broadbent, Vice Chairman Dean A Pinkert, and Commissioners Irving A Williamson, David Johanson, and F Scott Kieff voted in the negative.

Commissioner Rhonda K Schmidtlein did not participate in these investigations.

“As a result of the USITC’s negative determinations, no antidumping and countervailing duty orders will be issued,” the statement said.

In 2013, imports of steel threaded rods from India were valued at an estimated $19 million.

In July, the Department of Commerce determined that imports of steel threaded rods from India had been sold in the United States at dumping margins ranging from 16.74 to 119. 87 per cent.

It also determined that imports of steel threaded rods from India have received countervailable subsidies ranging from 8.61 to 39.46 percent.

In the anti-dumping investigation, mandatory respondents Mangal Steel Enterprises Limited and Babu Exports received final dumping margins of 16.74 percent and 119.87 respectively.