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.


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