US makes final finding rebar exports from Taiwan
WASHINGTON (Reuters) - The U.S. Commerce Department said on Friday it had made a final finding that exports of steel concrete reinforcing bar (rebar) from Taiwan were dumped.
The U.S. International Trade Commission will announce in August whether Taiwan’s rebar exports hurt U.S. producers, which would prompt an order to keep anti-dumping duties in place.
In a statement on Friday, the Commerce Department said exporters from Taiwan had sold rebar in the United States at 3.50 percent to 32.01 percent less than fair value. It estimated 2016 rebar imports from Taiwan at $53 million.
Preliminary duties had been set at 3.48 percent to 29.47 percent in March.
“The United States can no longer sit back and watch as its essential industries like steel are destroyed by foreign companies unfairly selling their products in the U.S. markets,” the statement quoted Commerce Secretary Wilbur Ross as saying.