The US Department of Commerce announced Tuesday preliminary duties of up to 110 percent on imports of carbon and alloy steel wire rod from China.
Rizhao Steel Wire Co, Hunan Valin Xiangtan Iron & Steel Co and Jiangsu Shagang International Trade Co, a subsidiary of Jiangsu Shagang Group , were assigned a duty rate of 106.19 percent, all other companies were assigned duties of 110.25 percent.
The DOC previously set preliminary CVD margins of 81.36 percent for Hebei Iron & Steel and 10.30 percent for Benxi Steel and all other producers and exporters in China.
US imports of hot-rolled carbon steel and alloy steel rod from China totaled $313 million in 2013, spurring the petition by ArcelorMittal USA, Charter Steel, Evraz Pueblo, Gerdau Ameristeel, Keystone Consolidated Industries and Nucor Corporation.
The DOC will make its final decision on the case by November 12, followed by the US International Trade Commission’s final decision in December.