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US maintains AD duties on imported wire rods from 5 countries

9 Oct 2019 17:21 reported by Blanca

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The existing anti-dumping duty imposed by the US on certain carbon and alloy steel wires imported from Brazil, Indonesia, Mexico, Moldova and Trinidad and Tobago expired in five years.

The US Department of Commerce (USDOC) believed that if tariffs were canceled, it might lead to the continuation or recurrence of dumping.

In addition, the existing subsidy rate for imported wire rods in Brazil was 2.31% to 6.74%. If it was revoked, it might also result in continued or repeated subsidy issue.

Therefore, the tariffs will remain in effect for five years before the US International Trade Commission (USITC) made a final damage ruling.

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