US DOC calculated 2.13 percent final dumping margin on Mexican wire rod
The US Department of Commerce (DOC) published the final results of its administrative review of the antidumping order on carbon and certain alloy steel wire rod from Mexico, on May 12th. The subject review covered one Mexican producer/exporter and its affiliated U.S. importer – Deacero S.A.P.I. de C.V. and Deacero USA, Inc. (collectively “Deacero”) – during the period from October 1, 2012 through September 30, 2013.
The DOC calculated a final dumping margin of 2.13 percent for Deacero. This compares with the previous dumping duty deposit rate of 12.08 percent. Accordingly, effective today, May 12, 2015, the dumping duty deposit rate became 2.13 percent for Deacero. In addition, the DOC will send instructions to U.S. Customs and Border Protection to liquidate entries that were made during the period of review.