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ITC confirms penalties against imported Chinese aluminum wire and cable

The U.S. International Trade Commission (ITC), finding that imported aluminum wire and cable from China was sold below market rates and had been supported by illegal subsidies, has imposed substantial penalties.

A press release said the ruling supports the Oct. 22 findings of the U.S. Department of Commerce’s (DoC) that Chinese manufacturers had been selling these products into the U.S. market at less than fair market value and receiving illegal subsidies from the Chinese government. It issued two separate penalties that ITC has now approved.

DoC had set a dumping rate of 63.47% for mandatory respondents Shanghai Silin Special Equipment Co., Ltd. and Hebei Huatong Wires and Cables Group Co., Ltd.; a separate rate of 58.51% for certain other companies; and 63.47% for all other Chinese producers and exporters. The subsidy rate was 165.63% to mandatory respondents Shanghai Silin Special Equipment Co., Ltd. and Shanghai Yang Pu Qu Gong; 33.44% to mandatory respondent Changfeng Wire & Cable Co., Ltd.; and 33.44% for all other Chinese producers and exporters.

An official of Southwire Company, which along with Encore Wire Corporation had petitioned for the penalties, lauded the decision. “Southwire has long been a believer in the power of free trade, and the ITC’s finding, coupled with the U.S. Department of Commerce’s final determinations on dumping and illegal subsidization, will better al-
low us to compete with Chinese producers of wire and cable on a level playing field,” said Southwire Executive Vice President and CCO Norman Adkins.

With the ITC vote, Commerce was expected to issue AD/CVD orders by Dec. 9, 2019. Commerce will also instruct U.S. Customs and Border Protection to begin collecting cash deposits on such imports at rates ranging from 81.27% to 218.42%. In 2018, imports of aluminum wire and cable from China were valued at an estimated $115 million.

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