Global Fastener News

U.S. Customs Investigating Wire Rod Claims

October 05
00:00 2000

U.S. Customs Investigating Wire Rod Claims

John Wolz

The U.S. Customs Service assured domestic wire rod producers it is taking steps to discourage and penalize importers bringing misclassified wire rod into the country.\
Wire rod has been imported under other titles to avoid tariff quotas.
Customs officials said 14 countries have been prohibited from using specialized wire rod categories because they had abused the exemption.
Customs has not named the 14 countries.
Misclassifed wire rod imports will be totaled with second quarter quotas retroactively and the importer of record will be charged a 10 tariff if the tonnage exceeds the limit.
A total of 148,431 tons or wire rod imports came in under exclusion categories from countries that normally do not make those products, including Germany, Moldova, Trinidad, Tobago, Turkey, Ukraine and Venezuela.
Exemptions are for specialized wire either not produced or made in small quantities in the U.S. and include aircraft-quality cold heading, tire cord, automotive valve or brake spring, pipe wrap, aluminum cable steel and piano wire.

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