US Commerce Department sets steep duties on wire rod

The United States Commerce Department on Wednesday October 25 affirmed preliminary determinations in its anti-dumping duty investigations of carbon and alloy steel wire rod imports from Italy, South Korea, South Africa, Spain, Turkey, Ukraine and the United Kingdom.

Its investigations showed that producers and exporters from the named countries sold carbon and alloy steel wire rod in the US at less than fair value, according to the department. In the Turkey investigation, Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi received a preliminary dumping rate of 2.8%. Icdas Celik Enerji Tersane ve Ulasim Sanayi was assigned a preliminary dumping rate of 8.01% and all other producers received a rate of 5.41%. Critical circumstances were found for ArcelorMittal Espana in Spain; the company received a preliminary dumping margin of...

Published

Camila Rios

October 27, 2017

09:23 GMT