IREPAS Says ITC Unlikely to Take Up Rebar Import Petition
It's highly likely the ITC will accept a petition and start an investigation of an antidumping petition against steel concrete reinforcing bar imports from Turkey and Mexico and a countervailing duty (CVD) petition against steel concrete reinforcing bar imports from…
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Turkey, said International Rebar Producers and Exporters Association Chairman Ugur Dalbeler. He said the dumping margins alleged by the U.S. producers are ungrounded (see 13090614). The petition was filed by the U.S. Rebar Trade Action Coalition, which claims the rebar is being sold at less than normal value, and that the imports have materially injured U.S. producers. The petitions allege dumping margins of 41.93% to 42.49% for Turkey, and 66.76% for Mexico. The petition involves steel concrete reinforcing bar imported in straight length or coil form, regardless of metallurgy, length, and diameter. Plain rounds (i.e., non-deformed or smooth bars) are specifically excluded. Rebar Trade Action Coalition members include Byer Steel Corp., Cascade Steel Rolling Mills, Commercial Metals Co., Gerdau Ameristeel and Nucor Corp.