Long Products
January 16, 2026
Written by Laura Miller
The Commerce Department has released preliminary countervailable subsidy rates in the ongoing rebar trade case.
The agency set a preliminary subsidy rate of 72.94% for producer Tosyali Iron Steel Industry Algeria. The rate for all other Algerian producers and exporters was set at the same amount.
Domestic raw steel output fell to a six-month low last week after hitting a multi-year high one week earlier, according to the latest American Iron and Steel Institute (AISI) figures.
In the trade case investigating subsidized wire rod imports from Algeria, the Commerce Department set final subsidy rates and officially issued the countervailing duty (CVD) order.
Long steel producers are seeking to raise prices for merchant bar quality (MBQ) products.
US steel imports increased 7.8% in July and, based on US Department of Commerce license data, rose even higher in August.
Apparent steel supply eased 2% from June to July but remained at one of the higher levels recorded in recent years, according to SMU’s analysis of recently released Department of Commerce and American Iron and Steel Institute (AISI) data. This measure is calculated by combining domestic mill shipments and finished US steel imports, then subtracting total US exports. It can also be used as a proxy for domestic steel demand.