You are here: Home > Steel News > Latest Steel News > Turkish...

Turkish rebar mills “dodge a bullet” in US DOC’s final AD/CVD determinations

Wednesday, 10 September 2014 01:49:25 (GMT+3)   |   San Diego
       

The US Department of Commerce (DOC) released Tuesday its final determinations in the antidumping (AD) investigations of rebar from Mexico and Turkey and the countervailing duty (CVD) investigation of rebar from Turkey.

The DOC has calculated the following final dumping and countervailing duty margins (the preliminary dumping and countervailing duty margins are in parentheses):

(1)  Mexico (AD)

(a)  Deacero – 20.58% (preliminary: 20.59%)

(b)  Grupo Simec – 66.70% (preliminary: 10.66%)

(c)  Grupo Acerero – 66.70% (preliminary: 66.70%)

(d)  All Others – 20.58% (preliminary: 20.59%)

The DOC made an affirmative preliminary determination of critical circumstances with respect to all Mexican producers and exporters of rebar.

(2)  Turkey (AD)

(a)  Habas – 0.00% (preliminary: 0.00%)

(b)  ICDAS – 0.00% (preliminary: 2.64%)

As the result of this negative final determination, the DOC will terminate the AD investigation of rebar from Turkey.


(3)  Turkey (CVD)

(a)  Habas – 0.74% (preliminary: 0.78% (de minimis))

(b)  ICDAS – 1.25% (preliminary: 0.10% (de minimis))

(c)  All other Turkish producers/exporters – 1.25%

The DOC made a negative determination of critical circumstances with regard to ICDAS but an affirmative determination with regard to all other Turkish producers and exporters.  As the result of its de minimis rate, Habas will be excluded from the CVD order.

The US International Trade Commission (ITC) will hold its public hearing next Monday (September 15) in the final phase of its investigation of rebar from Mexico and Turkey, and it is scheduled to make its final determination on October 14, 2014.


Similar articles

US import long steel prices steady following US election, Liberty to remain down until March 2025

15 Nov | Longs and Billet

US domestic rebar and wire rod pricing still flat, trend seen higher as year end nears 

15 Nov | Longs and Billet

Domestic rebar prices in Taiwan - week 46, 2024

15 Nov | Longs and Billet

Stagnant market for rebar and wire rod in Italy amid limited demand, almost stable prices

15 Nov | Longs and Billet

Import rebar prices in Asia sink to new low due to sharp fall in China

15 Nov | Longs and Billet

Major steel and raw material futures prices in China – November 15, 2024 

15 Nov | Longs and Billet

NBS: Local Chinese rebar prices down 1.4% in early November

15 Nov | Steel News

Turkish longs export prices down $10/mt, Balkans targeted currently

14 Nov | Longs and Billet

Romanian long steel prices still stable despite slower trade

14 Nov | Longs and Billet

Turkish domestic rebar spot prices decrease significantly

14 Nov | Longs and Billet