The US DOC calculates new dumping margin on Mexican wire rod

Tuesday, 06 November 2012 02:35:11 (GMT+3)   |  

The US Department of Commerce (DOC) has made its preliminary determination in the administrative review of the antidumping order on carbon and alloy steel wire rod from Mexico.

The review covers one Mexican producer/exporter and its affiliated US importer - Deacero S.A. de C.V. and Deacero USA, Inc. (collectively Deacero) - during the period from October 1, 2010 through September 30, 2011.

The DOC has calculated a preliminary dumping margin of 12.31 percent for Deacero. The current dumping duty deposit rate for Deacero is 20.11 percent, which is the "all others" rate.

The DOC plans to complete this review by March 2013.  The current dumping duty deposit rate will remain in effect until the DOC's final results are published in the Federal Register next year.

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