The Australian Government Antidumping Commission has announced that it has revised the preliminary antidumping (AD) duty on rebar imports from South Korea, Singapore, Spain and Taiwan. The preliminary antidumping rates now range between 9.7-14.3 percent for South Korea, 3-8.2 percent for Spain, 6.6 percent for Singapore and 4.7-8.9 percent for Taiwan.
The antidumping duty investigation was launched in October 2014 upon the application of domestic steel producer OneSteel Manufacturing Pty Ltd (OneSteel), against rebar imports from South Korea, Malaysia, Singapore, Spain, Taiwan, Thailand and Turkey. The new level of securities will be valid after September 4, 2015, while the final recommendation in relation to this investigation will be announced on or before October 19, 2015.
The products in question are currently fall under Customs Tariff Statistics Position Numbers 7214.20.00, 7228.30.90, 7213.10.00 and 7227.90.90.