Steel Products

Commerce Puts Duties on Wire Rod Imports

Written by Sandy Williams

The Department of Commerce issued an affirmative final determination in the antidumping investigation of carbon and alloy steel wire rod imports from Belarus, the Russian Federation and the United Arab Emirates.

 The following dumping margins were assigned:

Belarus: 280.02 percent

Russia: 756.93 percent for Abinsk Electric Steel Works Ltd. and JSC NLMK-Ural, and 436.8 percent for all others.

UAE: 84.1 percent for Emirates Steel Industries PJSC and all others.

Critical circumstances were found in the case of Russia, which will result in the collection of duties by Customs and Borders Patrol effective 90 days from publication of the preliminary determinations in the Federal Register.

The petitioners in the investigation were Gerdau Ameristeel U.S., Inc., Nucor Corp., Keystone Consolidated Industries and Charter Steel.

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The ITC final vote on injury to the domestic industry is scheduled for Jan. 5.

The antidumping duties were opposed by the U.S. Tire Manufacturers Association, which argues domestic steel wire rod suppliers cannot meet the volume and quality needs of the U.S. tire manufacturing industry.

The investigation is part of larger one initiated against 10 countries on April 18, 2017: Belarus, Italy, Korea, Russia, South Africa, Spain, Turkey, Ukraine, the United Arab Emirates, and the United Kingdom. Commerce has extended its investigation of steel wire rod imports from South Africa and Ukraine until at least Jan. 8.  Determinations on the remaining five countries are scheduled for March 15.

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