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

The US Department of Commerce has issued final antidumping duties (AD) on steel concrete reinforcing bar from Mexico. 


In a notification published on Sep 1, the department indicated that 13 Mexican producers or exporters sold the subject merchandise at less than the fair value during the period of review (POR) November 1, 2018, to October 31, 2019. 


The agency also revised its preliminary duties of 5.05pc imposed on Deacero after updating the assigned date to US sales, as well as its scrap cost calculations, and after revising the US sales database. It also determined that Ternium had no shipments of the subject merchandise during the POR.


In its final AD Commerce imposed a weighted average margin of 4.93pc on Deacero, Grupo Simec, AceroMex, Arcelor Mittal, Arcelor Mittal Celaya, Arcelor Mittal Cordoba, Arcelor Mittal Lazaro Cardenas, Cia Siderurgica de California, Compania Siderurgica de California, Grupo Villacero, Industrias CH, Siderurgica Tultitlan and Talleres y Aceros. 


Upon publication of the notice of final results of this review, CBP will be instructed to collect a cash deposit equal to the AD margin for shipments of the subject merchandise entered or withdrawn on or after the date of publication

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