U.S. industry mulls appeal of China plywood ruling

Nov. 6, 2013 at 1:48 PM
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WASHINGTON, Nov. 6 (UPI) -- A trade association said it may appeal a U.S. International Trade Commission ruling that low-priced imports of plywood from China do not harm U.S. producers.

The Coalition for Fair Trade of Hardwood Plywood said Wednesday it would wait for the written decision from the ITC before deciding its next move, but disagreed with the commission's decision.

"We do not believe that the ITC's determination is reflective of the facts presented in this investigation -- or the realities of the marketplace," said Jeff Levin, counsel for the CFTHP, in a written statement.

Levin said the CFTHP remained convinced U.S. companies are losing market share to Chinese imports that undercut prices by "substantial margins."

"This industry, which has seen large portions of the U.S. market for hardwood plywood captured by unfairly traded imports to the pronounced detriment of this manufacturing industry, will face the continued threat posed by Chinese imports," said Levin.

The ITC said in a written statement Tuesday Chinese plywood was "subsidized and sold in the United States at less than fair value," but the situation had not harmed U.S. producers enough to warrant anti-dumping penalties or additional duties.

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