Oct. 15, 2014
Duties Pending on Rebar from Mexico, Turkey
The U.S. Department of Commerce will issue an antidumping duty order on imports of rebar from Mexico and a countervailing duty order on product from Turkey. The Oct. 14 ruling comes after the U.S. International Trade Commission unanimously determined material injury of the U.S. industry.
U.S. producers shipped $4.1 billion worth of rebar product in 2013. U.S. rebar consumption totaled $4.8 billion. Turkey, Mexico and Spain were the three leading offshore suppliers of the product in 2013.
"We are pleased the ITC has recognized that the surge in rebar imports has caused damage to the American steel industry and our workers,” says Thomas J. Gibson, president and CEO of the American Iron and Steel Institute. “While we remain disappointed and surprised that the Department of Commerce last month did not provide for full relief against unfairly traded Turkish rebar imports, we are encouraged that this vote now clears the way for import duties."
In September, the Department of Commerce dropped a preliminary decision to impose antidumping duties on steel rebar imports from Turkey, while maintaining countervailing duties on certain Turkish rebar imports. Antidumping duties also were imposed on Mexican rebar imports.
The complaint was brought to the ITC by domestic producers Nucor Corp., Byer Steel, Cascade Steel, Commercial Metals Co. and Gerdau Long Products North America.