The U.S. ITC has received a petition citing dumping of carton-closing staples by Chinese manufacturers. This is the fifth petition received by the Trump administration, and so far none have been given an accelerated timetable. A decision to proceed is due by April 20. Panjiva data shows Chinese manufacturers, including Best Nail, have steadily cut prices to build market share. Import values in January were 11% lower than a year earlier, whereas other shippers’ were 4% higher on an increase in steel prices. That resulted in a market share of 78% over the past 12 months compared to 73% thr...