The
US Department of Commerce (
US DOC) has announced that it has postponed the preliminary determination in its countervailing duty (CVD) investigation of imports of carbon and certain alloy steel
wire rod from
China.
On March 31, the petitioner
Nucor Corporation requested the postponement of the preliminary CVD determination to 130 days from the initiation date. The new date for the DOC to announce the preliminary decision in the CVD case is June 30, 2014.
As SteelOrbis previously reported, in February this year the
US initiated a countervailing duty investigation against the abovementioned imports from
China upon the application by
US-based steel producers
ArcelorMittal USA LLC, Charter Steel,
Evraz Pueblo (formerly
Evraz Rocky Mountain Steel),
Gerdau Ameristeel
US Inc., Keystone Consolidated Industries, Inc., and
Nucor Corporation.