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

The US Department of Commerce revised antidumping (AD) duties levied on steel threaded rods from China. 


Commerce said it was notifying the public that the US Court of International Trade’s (CIT’s) verdict is not in harmony with the initial weighted-average AD duty of 39.42 on import of steel threaded rod from China’s IFI and Morgan, and RMB Fasteners, which constitute the RMB/IFI Group. The CIT ruled for an increase in the duty to 39.53pc. 


The period of review for the material shipments is from April 1, 2013, to March 31, 2014. 


Commerce will instruct US Customs and Border Protection to calculate ad-valorem AD duty on the unliquidated imports from the RMB/IFI Group once the order is published.

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