The US Commerce Department set preliminary antidumping margins on imports of carbon and alloy steel wire rod from Italy, South Korea, South Africa, Spain, Turkey, Ukraine and the UK, ranging from roughly 3% to 142%.
Regarding Italy, Commerce provisionally found dumping margins of 22.06% for Ferriere Nord SpA and Ferriera Valsider SpA based on adverse facts available. The rate applies to all other Italian exporters as well.
Posco and all other South Korean exporters received a 10.9% preliminary rate, while South Africa's Scaw Metals Group and Consolidated Wire Industries got a 142.26% margin based on adverse facts available. All other South African exporters got a rate of 135.46%.
In its investigation of Spanish rod imports, Commerce found margins of 20.25% for Global Steel Wire, CELSA Atlantic SA, and Compania Espanola de Laminacion, and 32.64% for ArcelorMittal Espana SA, based on adverse facts available. All other exporters were assigned a preliminary dumping rate of 20.25%.
For Turkey, margins of 2.8% were determined for Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi AS and 8.01% for Icdas Celik Enerji Tersane ve Ulasim Sanayi AS. All other Turkish exporters got a 5.41% rate.
In the Ukraine investigation, Commerce found that exporters dumped rod in the US at margins of 44.03% for ArcelorMittal Steel Kryvyi Rih OJSC and Public Joint Stock Co. Yenakiieve Steel based on adverse facts available. Duferco SA was preliminarily found to have no sales of subject merchandise during the period of investigation and Commerce preliminarily determined not to further examine Duferco as a part of this investigation. All other Ukraine exporters were assigned a preliminary dumping rate of 34.98%.
For UK exporters, Commerce found margins of 41.96% for British Steel Ltd and 147.63% for Longs Steel UK Ltd, both based on adverse facts available. All other UK exporters got the 41.96% rate.
Commerce will instruct US Customs and Border Protection to collect cash deposits from importers of rod from these suppliers based on the preliminary rates and will set final rates on January 9, 2018.
The US International Trade Commission, which is conducting its own investigation, will make a final injury determination thereafter. The duties could be nullified if the ITC rules US producers were not materially injured by the imports. The dumping cases were filed earlier this year by Gerdau Ameristeel, Nucor, Keystone Consolidated Industries and Charter Steel.
Last year rod imports from Italy, South Korea, South Africa, Spain, Turkey, Ukraine and the UK were valued at an estimated $12.2 million, $45.6 million, $7.1 million, $40.7 million, $41.4 million, $55 million and $20.5 million, respectively, according to Commerce.
