US DOC recalculated antidumping margin on rebar imports from Turkey
The US Department of Commerce has recalculated the antidumping duty on reinforcing bar imports from Turkey, as per sources.
The US DOC had calculated the antidumping duty rate for reinforcing bar imports from Turkey as zero percent in its final decision made on September 9, 2014. However, the US industry appealed the DOC’s final determination to the US Court of International Trade (CIT). Accordingly, the DOC has amended the dumping margin for reinforcing bars from Turkey from zero percent to 3.64 percent.
According to market sources, the US DOC has amended the dumping margin for Turkish rebar producer ICDAS Celik Enerji Tersane ve Ulasim Sanayi A.S. from zero percent to 3.64 percent, though the dumping margin for Turkish producer Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi A.S has remained at zero percent. At the same time, for all other Turkish producers and exporters, the dumping margin has increased to 3.64 percent.
The DOC will submit its final redetermination to the CIT by April 7, while the DOC’s original negative final determination remains in effect throughout the appeal process.