The US Department of Commerce (DOC) announced Tuesday the final results of its administrative review of the antidumping order on carbon and certain alloy steel wire rod from Mexico.
The review covered 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 calculated a final dumping margin of 12.08 percent for Deacero. This compares with Deacero's previous dumping duty deposit rate of 20.11 percent, which was based on the "All Others" rate for Mexican rod producers and exporters.
Accordingly, effective today, May 14, 2013, the dumping duty deposit rate became 12.08 percent for wire rod from Deacero. In addition, the DOC will send instructions to US Customs and Border Protection to liquidate entries that were made during the period of review.