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. ....
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