US adjusts AD duty rate on rebar imports from Mexico
23 Jul 2019 13:12 reported by Joy Liu
The US Department of Commerce (USDOC) decided to raise the final anti-dumping (AD) duty rates on rebar imports from Grupo Simec as the firm was found to sale its rebar products at prices lower than fair value in the US market during the period of review from November 1st, 2016 to October 31st, 2017.
According to the ruling, the final weighted-average dumping margin for Grupo Simec was risen to 3.65% from the previous rate at 0%, and other rebar exporters and producers in Mexico were all also subject to a rate at 3.65%.
Besides, Deacero was determined that it didn’t have any sales with abnormal prices during the period of review, so the firm was set at a rate of 0%.
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