U.S. harmed by steel bar from Mexico, Turkey

Commerce will issue an antidumping duty order from Mexico and a countervailing duty order on similar imports from Turkey.    The U.S. International Trade Commission on Tuesday ruled the country’s industry is harmed by imports of steel concrete reinforcing bar from Mexico that are sold in the United States at less than fair value and from Turkey that are subsidized by the Turkish government.
   As a result of the ITC’s decision, the Commerce Department will issue an antidumping duty order on these imports from Mexico and a countervailing duty order on similar imports of this product from Turkey.
   The ITC said it withheld disclosing the 2013 import values to “avoid disclosure of business proprietary information,” but stated the United States consumed about $4.8 billion of steel concrete reinforcing bar that year.
   Petitioners for the antidumping and countervailing duty investigations included the Rebar Trade Action Coalition and its members: Nucor Corp. of Charlotte, N.C.; Gerdau Ameristeel U.S. in Tampa, Fla.; Commercial Metals Co. of Irving, Texas; Cascade Steel Rolling Mills in McMinnville, Ore.; and Byer Steel Corp. of Cincinnati. There are a total of nine U.S. producers of steel concrete reinforcing bar with plants across 23 states.
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Chris Gillis

Located in the Washington, D.C. area, Chris Gillis primarily reports on regulatory and legislative topics that impact cross-border trade. He joined American Shipper in 1994, shortly after graduating from Mount St. Mary’s College in Emmitsburg, Md., with a degree in international business and economics.