US rules against Deacero in small diameter wire rod case

Thursday, 27 September 2012 01:55:38 (GMT+3)   |  
       

The US Department of Commerce (DOC) has made its final determination in the anti-circumvention inquiry of small-diameter carbon and certain alloy steel wire rod from Mexico.

Specifically, the DOC confirmed its preliminary determination that "wire rod with an actual diameter of 4.75 mm to 5.00 mm by Deacero S.A. de C.V. constitutes merchandise altered in form or appearance in such minor respects that it should be included within the scope of the order on wire rod from Mexico."

The DOC also confirmed that this determination applies only to Deacero, and it does not cover Ternium Mexico S.A. de C.V. because Ternium has not shipped wire rod with diameters of 4.75 mm to 5.0 mm.

The effective date of this determination is June 8, 2011. Thus, wire rod with an actual diameter of 4.75 mm to 5.0 mm produced and/or exported by Deacero and entered into the United States on or after June 8, 2011, will be subject to potential dumping duties. The DOC will instruct US Customs and Border Protection to continue to suspend liquidation of entries of such small-diameter wire rod from Deacero and to require cash deposits of 20.11 percent (the "All Others" rate) for all entries that were made on or after June 8, 2011.


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