Trade Resources Market View US ITC Finds Steel Industry Is Injured by Imports of Concrete Bar From Turkey & Mexico

US ITC Finds Steel Industry Is Injured by Imports of Concrete Bar From Turkey & Mexico

The US International Trade Commission (ITC) determined Friday that there is a reasonable indication that the US steel industry is materially injured by reason of imports of steel concrete reinforcing bar from Mexico and Turkey that are allegedly sold in the United States at less than fair value and allegedly subsidized by the government of Turkey.

Chairman Irving A. Williamson and Commissioners Dean A. Pinkert, David S. Johanson, and Meredith M. Broadbent voted in the affirmative. Commissioner Shara L. Aranoff voted in the affirmative with respect to subject imports from Turkey and in the negative with respect to subject imports from Mexico. Commissioner F. Scott Kieff did not participate in these investigations.

As a result of the Commission's affirmative determinations, the US Department of Commerce will continue to conduct its investigations on imports of this products with its preliminary countervailing duty determination concerning Turkey due on or about December 16, 2013, and its preliminary antidumping duty determinations concerning Mexico and Turkey due on or about February 27, 2014.

Source: http://www.steelorbis.com/steel-news/latest-news/us-itc-finds-injury-in-rebar-adcvd-petition-against-turkey-and-mexico-792503.htm
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US ITC Finds Injury in Rebar Ad/CVD Petition Against Turkey and Mexico
Topics: Metallurgy