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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