steelorbis

 
Steel Prices / Market Analyses

US DOC announces preliminary AD margins in wire rod trade case

The US Department of Commerce (US DOC) has announced that it has imposed preliminary antidumping (AD) duty on imports of carbon and alloy steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine, and the United Kingdom.

Accordingly, the preliminary antidumping duty rates range between 2.8 percent and 147.63 percent for the mentioned imports from seven countries.

According to the DOC’s statement, in 2016 imports of carbon and alloy steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine, and the UK were valued at an estimated $12.2 million, $45.6 million, $7.1 million, $40.7 million, $41.4 million, $55 million, and $20.5 million, respectively.

The DOC is scheduled to announce its final determinations on or about January 8, 2018, while the ITC is scheduled to make its final injury determinations in February 22, 2018.

The products in question currently fall under the Harmonized Tariff Schedule of the United States (HTSUS) 7213.91.3011, 7213.91.3015, 7213.91.3020, 7213.91.3093, 7213.91.4500, 7213.91.6000, 7213.99.0030, 7227.20.0030, 7227.20.0080, 7227.90.6010, 7227.90.6020, 7227.90.6030 and 7227.90.6035.

Country Exporter/Producer Preliminary AD duty rate
Italy Ferriere Nord S.p.A. 22.06%
Ferriera Valsider S.p.A. 22.06%
Others 22.06%
South Korea POSCO 10.09%
Others 10.09%
South Africa ArcelorMittal South Africa Limited, Scaw South Africa (Pty)
Ltd. (also known as Scaw Metals Group), and Consolidated
Wire Industries
142.26%
Others 135.46%
Spain Global Steel Wire/ CELSA Atlantic SA/ Compania Espanola de Laminacion 20.25%
ArcelorMittal Espana S.A 32.64%
Others 20.25%
Turkey Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi A.S. 2.80%
Icdas Celik Enerji Tersane ve Ulasim Sanayi A.S 8.01%
Others 5.41%
Ukraine ArcelorMittal Steel Kryvyi Rih OJSC 44.03%
Public Joint Stock Company (PJSC) Yenakiieve Steel 44.03%
Others 34.98%
UK British Steel Limited 41.96%
Longs Steel UK Limited 147.63%
Others 41.96%

 

*This was published on SteelOrbis website on October 26, 2017.


Leave a Reply

Your email address will not be published. Required fields are marked *