US updates antidumping duty rates on Turkish origin rebars
The US Department of Commerce (DOC) has announced the final result of its administrative review of the antidumping duty (AD) order on reinforcing bar from Turkey.
During the review period from July 1, 2018, to June 30, 2019, producers from Turkey were found to have made sales of reinforcing bars at less than normal value. Accordingly, the DOC has determined the following weighted-average dumping margins:
- ICDAS – 5.30 percent
- Kaptan Demir – 12.41 percent
The DOC has determined estimated weighted-average dumping margins of 7.05 percent for Çolakoğlu Metalürji and three other reinforcing bar producers/exporters.The final antidumping duties for the country are applicable from May 27.
The DOC found that HABAS, which was subject to antidumping duty, is no longer subject to antidumping duty as it did not have any shipments of the subject merchandise during the period of review.
In November last year, the DOC announced a preliminary determination in the antidumping duty investigation of rebar from Turkey. The preliminary antidumping margin for Kaptan Demir was lower at 11.80 percent and the margins for ICDAS and other four rebar producers were higher at 19.10 percent and 17.30 percent, respectively.