Colombia’s ministry of commerce, industry and tourism, MINCIT, has extended existing provisional AD duties on the imports of wire rod from China, it said.
According to MINCIT, the levies were extended for two more months, and correspond to the “difference between base FOB $541.06/mt price and the FOB price declared for the imported product, always and whenever the last is cheaper than the base price.”
As previously reported by SteelOrbis, the provisional AD duties apply to both alloy and non-alloy wire rods with a diameter inferior to 14 mm, as well as those with a carbon content, which corresponds to less than 0.45 percent of its weight.
The products subject to the provisional antidumping duties currently fall under Customs Tariff Statistics Position Numbers 7213.91.90.10, 7213.91.10.10, 7227.90.00.11 and 7227.90.00.90.