Nucor Fastener To Press for Full ITC Investigation
Global Fastener News reported that the ITC reaffirmed its original 2009 dismissal of the Nucor Fastener dumping case, which the U.S. Court of International Trade had remanded to the ITC in September after finding fault with some of the commission's data for determining injury.
But Nucor Fastener insists imported fasteners were dumped on the market, putting unrealistic price pressure on domestic fastener producers during a time of decreasing demand. And to that end, the company intends to continue pursuing tariffs.
"The imports that were subject to the investigation had greater than 50% market share," Nucor Fastener trade counsel Dan Pickard of Wiley Rein LLP told Global Fastener News.