August 10, 2017 12:30:47 AM
Falls Church, VA (AIIS) - The Department of Commerce on July 21 announced an affirmative final determination in the antidumping duty investigation of imports of steel concrete reinforcing bar from Taiwan.
The dumping margins ranged from 3.5 to 32.01 percent, according to the agency.
“The United States can no longer sit back and watch as its essential industries like steel are destroyed by foreign companies unfairly selling their products in the U.S. markets,” Commerce Secretary Wilbur Ross said. “We will continue to take action on behalf of U.S. industry to defend American businesses, their workers, and our communities adversely impacted by unfair imports.”
A final determination by the International Trade Commission (ITC) of whether the rebar imports injured or threatened to materially injure the domestic steel industry is expected to be announced by Sept. 5.
On June 23, the department announced affirmative final determinations in the antidumping duty investigations of imports of finished carbon steel flanges from India and Italy and an affirmative final determination in the countervailing duty investigation of imports of those flanges from India.
The agency reported that the dumping margins ranged from 11.32 to 12.58 percent for India and from 79.17 to 204.53 percent for Italy. The subsidy rates in the countervailing duty investigation of India ranged from 5.66 to 9.11 percent.
Courtesy: AIIS
