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

The US International Trade Commission (USITC) has stated that repealing antidumping and countervailing duties orders against carbon and certain alloy steel wire rod imports from China would result in continued contravention.


In deciding to maintain the orders during its five-year sunset review, the USITC cited the injurious nature of the contraventions on the domestic industry. The US Department of Commerce’s previous 193.31pc countervailable subsidy margin against Benxi Steel, 178.46c against Hebei Iron & Steel, and 185.89pc on what it classified as “all others,” will stand.


USITC will release its report July 6.

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