U.S. trade officials said they will continue their anti-dumping investigation into some hardwood plywood products imported from China, after deciding there was a “reasonable indication” that the domestic plywood industry was hurt by subsidized imports.
The U.S. International Trade Commission, said “there is a reasonable indication that a U.S. industry is materially injured by reason of imports of hardwood plywood from China that are allegedly subsidized and sold in the United States at less than fair value.
The investigations follow petitions from six privately owned U.S. plywood producers into the imports, which the department estimates totaled $1.15 billion in 2015.