Thinner Mexican wire rod faces tariff

Dec 16, 2011 | 04:20 PM | Catherine Ngai

Tags  wire rod, Commerce, Deacero, Ternium, Evraz, ArcelorMittal, Nucor, Fred Waite traders

NEW YORK — The Commerce Department has made a preliminary determination that 4.75-millimeter wire rod imported from Mexico is a "minor alteration" and it should be subject to the same anti-dumping duties as 5-mm material, market sources have told AMM.

The preliminary determination has yet to be published in the Federal Register but is expected to be entered within a week, with a final determination in early April.

The anti-circumvention case was initiated June 8 after ArcelorMittal USA LLC, Cascade Steel Rolling Mills Inc., Gerdau Long Steel North America, Evraz Inc.’s Rocky Mountain Steel and Nucor Corp. asked Commerce to rule that 4.75-mm imports from Deacero SA de CV and Ternium Mexico SA de CV were the same as 5-mm material and should be subject to the same duties—as much as 20.11 percent in the case of Deacero. ....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results