US DOC raises preliminary antidumping duty rates for Mexican rebar

The US Department of Commerce (DOC) announced new preliminary antidumping duties against reinforcing bar imports from Mexico after an administrative review.

During the review period of Nov. 1, 2017 to Oct. 31, 2018, Mexican reinforcing bar producers Deacero and Grupo Simec were found to have made sales of reinforcing bar at less than normal value. As such, the DOC has issued higher preliminary dumping margins for both companies, along with all other reinforcing bar producers/exporters in Mexico:
Producer/Exporter                                    Previous antidumping duty rate                       New antidumping duty rate
Deacero                                                                                    0%                                                               7.25%
Grupo Simec                                                                           3.65%                                                          6.75%
All others                                                                                 3.65%                                                          7.11%

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