Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The US Department of Commerce (Commerce) established a preliminary weighted-average dumping margin on rebar imports from Mexico. The department established an anti-dumping (AD) margin of 7.25pc for rebar imports from Deacero and 6.75pc for Grupo Simec rebar imports. 


The AD rate was published as the USMCA agreement was ratified in the Senate sending a message to Mexican firms of continued fair trade enforcement. 


Shipments of steel concrete reinforcing bar imported in either straight length or coil form, also known as rebar, regardless of metallurgy, length, diameter, or grade are covered under this order.


The companies from the original list were not selected for individual examination and remain subject to an administrative review. Commerce assigned the weighted-average dumping margins of 7.11pc, to the 11 non-selected companies in these preliminary results. 


Some of the non-selected companies include Grupo Villacero, Talleres y Aceros, Ternium, and Arcelor Mittal.


On Nov 6, 2014, Commerce published the anti-dumping duty order on steel concrete reinforcing bar (rebar) from Mexico. On Feb 6, 2019, the department initiated an administrative review of the 2014 order. 


Commerce initiated this administrative review covering approximately 13 importers, but on Mar 1, 2019, limited the number of respondents selected for review to Deacero and Grupo Simec. On Jul 16, 2019, the deadline for the preliminary results was extended to Jan 9, 2020 and published on Jan 16.



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