Falls Church, VA. March 7, 2017. The U.S. Department of Commerce (DOC) announced its preliminary determinations in the antidumping (AD) investigations of steel concrete reinforcing bar (rebar) from Japan, Taiwan, and Turkey.
The DOC calculated the following preliminary AD margins:
(a) Japan: Jonan Steel Corporation – 209.46%; Kyoei Steel Ltd. – 209.46%; and all other Japanese producers/exporters – 206.43%.
(b) Taiwan: Power Steel Co., Ltd. – 3.48%; Lo-Toun Steel and Iron Works Co., Ltd. – 29.47%; and all other Taiwanese producers/exporters – 5.49%.
(c) Turkey: Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi A.S. – 5.29% (dumping duty deposit rate of 5.15% with subsidy offset); Icdas Celik Enerji Tersane ve Ulasim Sanayi A.S. – 7.07% (dumping duty deposit rate of 6.90% with subsidy offset); and all other Turkish producers/exporters – 6.20% (dumping duty deposit rate of 6.03% with subsidy offset).
Accordingly, effective today, March 7, 2017, importers will be required to deposit these estimated duties for entries of rebar from Japan, Taiwan, and Turkey.
Please do not hesitate to contact us if you have any questions.