[US Issues Final Antidumping Results Imposing 14.67 Percent Margin on Mexican Wire Rod]

Published: Jul 7, 2026 13:39
The US Department of Commerce has released the final results of its administrative review on carbon and alloy steel wire rod from Mexico for the period between October 1, 2023, and September 30, 2024. A weighted-average dumping margin of 14.67% was determined for the Deacero entity, slightly down from the preliminary 15.97%, while the all-others rate stands at 20.11%. These finalized duties will maintain elevated costs for Mexican wire rod in the US market, effectively restricting import volumes and tightening US supply, which protects domestic producers and supports a localized upward trend in wire rod pricing.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Hot-Rolled Arrivals] The arrival-to-order ratio increased this period  
2 mins ago
[SMM Hot-Rolled Arrivals] The arrival-to-order ratio increased this period  
Read More
[SMM Hot-Rolled Arrivals] The arrival-to-order ratio increased this period  
[SMM Hot-Rolled Arrivals] The arrival-to-order ratio increased this period  
2 mins ago
[China Iron Ore Brief] Iron ore concentrates prices in west Liaoning may consolidate
1 hour ago
[China Iron Ore Brief] Iron ore concentrates prices in west Liaoning may consolidate
Read More
[China Iron Ore Brief] Iron ore concentrates prices in west Liaoning may consolidate
[China Iron Ore Brief] Iron ore concentrates prices in west Liaoning may consolidate
1 hour ago
Futures and Spot Prices Moved Sideways Intraday, Overall Transactions Were Underwhelming
1 hour ago
Futures and Spot Prices Moved Sideways Intraday, Overall Transactions Were Underwhelming
Read More
Futures and Spot Prices Moved Sideways Intraday, Overall Transactions Were Underwhelming
Futures and Spot Prices Moved Sideways Intraday, Overall Transactions Were Underwhelming
HRC futures closed at 3,283 today, down 0.21% for the day. In the spot market, cold and hot rolled prices remained largely stable. According to SMM data, steel mill profits have quickly shrunk recently. At the same time, pressure to take orders increased significantly during the off-season, leading some mills to plan new maintenance and production cuts. The combined impact has resulted in a MoM decline in the daily average HRC production schedule for July. Demand side, Q2 remains a domestic off-season, with muted downstream purchases and market transactions. Inventory pressure is expected to keep rising, and the supply-demand imbalance will gradually accumulate. HRC’s own supply-demand pattern offers limited support for prices. Overall, the supply-demand imbalance for HRC is gradually accumulating in July. Cost side, the difficulty for further short-term price increases intensifies. Considering that macro expectations and changes in external imbalances can provide limited stimulus to steel prices, short-term HRC prices are expected to continue consolidating near the bottom.
1 hour ago