US DOC sets steep preliminary margins against wire rod imports from Belarus, Russia, and the UAE

Thursday, 07 September 2017 23:54:17 (GMT+3)   |   San Diego
       

The US Department of Commerce (DOC) announced preliminary findings that carbon and alloy steel wire rod from Belarus, Russia and the United Arab Emirates are being dumped in the US market.

Preliminary margins for Belarus are set at 280.02 percent; margins for Russia are set at 436.80-756.93 percent; and margins for the UAE are set at 84.10 percent.

In 2016, imports of carbon and alloy steel wire rod from Belarus, Russia and the UAE were valued at an estimated $10.4 million, $32.3 million and $7 million respectively. Petitioners in the case were Gerdau Ameristeel, Nucor, Keystone Consolidated Industries, and Charter Steel of Wisconsin.

The announcement of final antidumping duties is scheduled for November 21.


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