US to continue AD, CVD duty orders on steel wire rod from 10 countries

The US International Trade Commission issued an affirmative determination July 19 to continue the existing antidumping and countervailing duty orders on imports of wire rod from 10 countries.

The decision follows a five-year sunset review of the existing antidumping orders covering these imports from Belarus, Italy, Russia, South Africa, South Korea, Spain, Turkey, Ukraine, the UAE and the UK and the countervailing duty order on wire rod imports from Italy and Turkey.

The Commerce Department in March determined that removing the existing duties would likely lead to the continuation or recurrence of dumping and subsidies.

Commerce listed the following likely dumping margins that would occur or recur if the duties were to be revoked: up to 280.02% for Belarus, 18.89% for Italy, 41.1% for South Korea, 756.93% for Russia, 142.26% for South Africa, 32.64% for Spain, 4.44% for Turkey, 44.03% for Ukraine, 84.1% for the UAE, and 147.63% for the UK.

In the countervailing duty review, Commerce said revoking the existing order would likely continuation or recurrence of countervailable subsidies at up to 44.18% for Italy and up to 6.09% for Turkey.

US duties on these imports were first put in place in 2018.

Author Justine Coyne