Trade Legislation is the Hot Topic in Congress – Have You Registered for the Wire & Wire Products Caucus Briefing and Congressional Visits?
Debate over trade legislation is heating up – join AWPA and the National Association of Manufacturers in Washington DC June 2 to advocate for the manufacturing industry. We expect the agenda to include a number of trade issues, including Trade Promotion Authority (TPA) and the ENFORCE Act. As you know, AWPA has been advocating for enforcement of US Trade laws by championing ENFORCE. AWPA will hold a US House of Representatives Wire & Wire Products Caucus Briefing the morning of June 2, in conjunction with the National Association of Manufacturers’ Manufacturing Summit. At the Caucus Briefing we will hear about the status of trade legislation in the House, what the Trade Law Enforcement measures are, and what the “must-have” measures are for the final legislation. To register for the Caucus Briefing and the Summit, click Upcoming Events on the left, and select the Wire & Wire Products Caucus Briefing for instructions and a schedule of events.
We Are Building AWPA’s New Website – We Want to Include Your Company Photos!
As we build the new AWPA website, we are looking to represent the full range of our members and the industry – products, people and plants. If you have high-resolution photos of your products, your employees, and your facilities that you can share, please contact Heather in the AWPA Office, at email@example.com. We need your help to make sure our website represents the entire organization. Don’t wait – the website launch is scheduled for late July!
Administrative Review of AD Order on Carbon and Alloy Steel Wire Rod from Mexico (2012/2013) – Final Results
The U.S. Department of Commerce (DOC) has released the final results of its administrative review of the antidumping (AD) order on carbon and certain alloy steel wire rod from Mexico. The review covered one Mexican producer/exporter and its affiliated U.S. importer – Deacero S.A.P.I. de C.V. and Deacero USA, Inc. (collectively “Deacero”) – during the period from October 1, 2012 through September 30, 2013. The DOC has calculated a final dumping margin of 2.13% for Deacero. This compares with the DOC’s preliminary dumping margin of 0.59% and the current dumping duty deposit rate of 12.08%. These final results will become effective when they are published in the published in the Federal Register. At that time, the dumping duty deposit rate for Deacero will become 2.13%. There is another pending administrative review of the AD order on carbon and certain alloy steel wire rod from Mexico. It covers the period from October 1, 2013 through September 30, 2014, and the following companies are included in the review: the Deacero Group, and ArcelorMittal Las Truchas S.A. de C.V. The preliminary results in this review are due by November 2, 2015.
At AWPA’s Breakfast at Interwire last month, Steve Murphy, Market Intelligence Manager at Gerdau, gave a fantastic presentation on the current global steel market, and its implications for the wire rod market and the wire and wire products markets. If you missed it, you can check out Steve’s analysis on Gerdau’s Steel Market Update at: http://gerdaumarketupdate.com/ Thank you to Gerdau for sponsoring this year’s breakfast.