Trade Resources Industry Views US DOC:Determinations in The AD Investigations of Imports of Steel From Mexico and Turkey

US DOC:Determinations in The AD Investigations of Imports of Steel From Mexico and Turkey

The US Department of Commerce (DOC) announced Monday its affirmative preliminary determinations in the antidumping duty (AD) investigations of imports of steel concrete reinforcing bar from Mexico and Turkey.

In the investigation against Mexican rebar producers, mandatory respondents Deacero S.A.P.I. de C.V. (formerly, Deacero S.A. de C.V.) and Grupo Acerero S.A. de C.V. received preliminary dumping margins of 20.59 percent and 66.70 percent, respectively. Grupo Acerero’s margin is based on adverse facts available because it failed to respond to the Department’s questionnaire. Voluntary respondent Grupo Simec received a preliminary dumping margin of 10.66 percent. All other producers/exporters in Mexico received a preliminary dumping margin of 20.59 percent.

In the investigation against Turkish rebar producers, mandatory respondents Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi A.S. and Icdas Celik Enerji Tersane ve Ulasim Sanayi A.S. received preliminary dumping margins of 0.00 percent and 2.64 percent, respectively. All other producers/exporters in Turkey received a preliminary dumping margin of 2.64 percent.

As a result of the preliminary affirmative determinations in these investigations, the DOC will instruct US Customs and Border Protection (CBP) to require cash deposits based on the preliminary rate. Because the DOC also found that affirmative critical circumstances exist, CBP will be instructed to impose provisional measures retroactively on certain entries of rebar from Mexico and Turkey up to 90 days prior to the publication of these determinations. However, because the DOC preliminarily found that critical circumstances did not exist for Grupo Simec in Mexico and for Habas and Icdas in Turkey, retroactively-imposed provisional measures will not be imposed on entries from these companies.

The DOC is scheduled to announce its final determinations on or about July 3, 2014. This deadline may be extended. If the DOC makes affirmative final determinations, and the US International Trade Commission (ITC) makes affirmative final determinations that imports of steel concrete reinforcing bar from Mexico and/or Turkey materially injure, or threaten material injury to, the domestic industry, Commerce will issue AD orders. If either Commerce’s or the ITC’s final determination is negative, no AD orders will be issued. The ITC is scheduled to make its final injury determinations in August 2014.

Source: http://www.steelorbis.com/steel-news/latest-news/us-doc-slams-mexican-rebar-producers-goes-easy-on-turkey-in-preliminary-ad-ruling-824848.htm
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US DOC Slams Mexican Rebar Producers, Goes Easy on Turkey in Preliminary Ad Ruling
Topics: Metallurgy