Hardwood Plywood Gains Relief
As a result of the USITC’s affirmative determinations, Commerce will issue antidumping and countervailing duty orders on imports of this product from China. Imports of hardwood plywood from China will not be subject to retroactive antidumping or countervailing duties.
The Coalition for the Fair Trade of Hardwood Plywood commends the unanimous decision by the ITC, praising it as meaningful relief for the U.S. hardwood plywood industry. Dept. of Commerce earlier set an antidumping duty of 183.6%, as well as countervailing duties ranging up to 194.9%.
“Today’s decision demonstrates that the U.S. government will not tolerate unfair trade practices and will support American manufacturing and workers,” says Kip Howlett, president of Hardwood Plywood Veneer Assn. “This puts American interests first by standing up to the illegal imports of Chinese hardwood plywood.”
In October, ITC held a hearing on these illegal imports of Chinese hardwood plywood and listened to the testimony of numerous U.S. producers, company executives and members of Congress.
In addition to the testimony provided at the ITC, the Coalition received a letter of support from more than 40 members of Congress, led by U.S. Sens. Ron Wyden (D-OR) and Shelley Moore Capito (R-WV) and Reps. Greg Walden (R-OR) and Pete DeFazio (D-OR) urging the ITC to issue meaningful relief for the U.S. industry. The letter of support recognized the ways in which the U.S. industry has been harmed by illegal trade practices, forcing many producers to operate at less than 50% capacity. Imports of Chinese hardwood plywood increased 22% from 2014 to 2016, and another 26% in the first half of 2017.
The antidumping and countervailing duty cases were filed on behalf of the Coalition for Fair Trade of Hardwood Plywood, a group of six producers and manufacturers.
Latest News
USNR, WFG Sold To Equity Firm
One Equity Partners (OEP), a middle market private equity firm, announced that it has completed the previously announced acquisitions of USNR and Wood Fiber Group. OEP reports it subsequently merged the two businesses, with projected 2021 revenues greater than $500 million…
Lend Me Your Ear
Article by Rich Donnell, Editor-In-Chief, Panel World January 2022 – The staff at Panel World magazine is in full in-person-conference mode in preparation for the eighth Panel & Engineered Lumber International Conference & Expo (PELICE) to be held March 31 to April 1 at the Omni Hotel at CNN Center in Atlanta…
Idaho Producers Supply Mass Timber Arena
Industry stakeholders of all types worked to supply materials for the recently opened ICCU Basketball Arena at the University of Idaho in Moscow. The 4,000 seat facility, which opened in October 2021, incorporates several innovative mass timber elements across some of the longest spans in the country. Designers and engineers…
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!