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US raises preliminary AD duty rates on rebar imports from Mexico
19/01/2020 12:00
According to the preliminary anti-dumping ruling of review on rebar imports from Mexico issued by the US Department of Commerce (USDOC), the new anti-dumping duty rate for Deacero was 7.25%, higher than the previous 0%; that for Grupo Simec was 6.75%, higher than the previous 3.65%; that for all other Mexican rebar producers and exporters was 7.11%, compared to the previous one at 3.65%.
During the review period from November 1st, 2017 to October 31st, 2018, the US found that Deacero and Grupo Simec sold their rebar at prices below fair values; therefore, the USDOC decided to raise the preliminary dumping margins for all other rebar producers and exporters in Mexico.
During the review period from November 1st, 2017 to October 31st, 2018, the US found that Deacero and Grupo Simec sold their rebar at prices below fair values; therefore, the USDOC decided to raise the preliminary dumping margins for all other rebar producers and exporters in Mexico.
Source: Yieh Corp.
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