US Commerce Department finds no subsidies in Turkish rebar imports

The US Commerce Department’s International Trade Administration (ITA) has assessed countervailing margins of zero against imports of concrete rebar from Turkey.

In a preliminary determination, the ITA calculated a de minimis rate of 0.78% for Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi AS and a de minimis rate of 0.10% for Icdas Celik Enerji ve Ulasim Sanayi AS, the mandatory respondents in the subsidy case. "Because the preliminary countervailing duty rates are de minimis, [the Commerce Department] will not instruct US Customs and Border Protection to collect cash deposits," the ITA said in a statement released on Thursday February 20. The five petitioners in the case – Cincinnati-based Byer Steel Corp; McMinnville, Oregon-based Cascade...


February 21, 2014

08:37 GMT

New York