Volume remains sluggish; domestic species usage on the rise
by Emily J. Cappiello
At the end of 2010, the wood flooring industry was being dragged down by continued sluggishness in new home construction and remodeling along with the continued increase in lumber prices. But in 2011, hardwood flooring was able to bounce back a little and, according to many industry insiders, the category made some much-needed gains. Continue reading Hardwood sales grow for first time since 2006
by Matthew Spieler
Ask people from just about any sector and they will say since December, sales have been steadily picking up. While this is welcome news for anyone who has suffered through the economic downturn, for those in the wood business, it is a breath of fresh air.
As one of the hardest categories of products—flooring or otherwise—hit by the recession thanks to being tied so closely to the housing market, among other factors, a positive growth trend could not have come at a better time. Though final figures for 2011 are not yet available, most experts said the year should have ended slightly better than 2010, which would be the first time the wood category finished in the black since 2006 when the industry reached its peak in sales at more than $2.5 billion. Continue reading Economy, End of ITC case helping sales
HICKSVILLE, N.Y.—One year after a group of U.S. engineered wood flooring manufacturers filed a federal unfair trade petition against Chinese imports, the International Trade Commission (ITC) voted to uphold the antidumping and countervailing duties set by the Department of Commerce (DOC) last month.
The result of this action means imports from all but one Chinese manufacturer—Zhejiang Yuhua Timber Co.—are not only subject to the DOC rates, they may have to pay additional fees a year or more later as the duties can be retroactively adjusted for as long as the government feels harm is being done to U.S. manufacturers. Continue reading ITC votes in favor of U.S. petitioners
WASHINGTON—The Department of Commerce (DOC) has ruled on requests from Chinese respondents regarding allegations of possible errors in the final rate calculations. For the majority of the requests, the DOC ruled it had made no error or that the requested topic was not eligible for a review. However they agreed with Layo on a few limited issues, which resulted in a fractional lowering of rates. Continue reading DOC rules on possible ministerial errors
HICKSVILLE, N.Y.—No matter which side of the fence you sit on, two dates this year will be looked upon as part of one historic event for the industry, specifically those dealing with engineered wood.
The first of those was Oct. 12. That was when the Department of Commerce (DOC) announced its final rates with regard to its investigation in the Chinese antidumping wood case, as well as when the International Trade Commission (ITC) was holding its final public hearing on the matter (FCNews, Oct. 10/17). Continue reading Industry awaits ITC’s vote in antidumping case
Washington—A preliminary determination was made in the case against unfair dumping duties of multilayered wood flooring from the People’s Republic of China today. The International Trade Commission released the following in a fact sheet outlining its decision:
•Commerce preliminarily determined that Chinese producers/exporters have sold multilayered wood flooring at margins ranging from zero to 82.6516% ad valorem. Continue reading Preliminary anti-dumping duties announced