US Inquiry into Mexican Steel Concrete Reinforcing Bars
The Trump administration has begun an inquiry into whether Mexican-made rebar imported into the United States is being altered to avoid anti-dumping duties.
Washington, Oct 23 (AP) The Trump administration has begun an inquiry into whether Mexican-made rebar imported into the United States is being altered to avoid anti-dumping duties.
The US Commerce Department says it opened the investigation at the request of US domestic producers of the steel reinforcing bars for concrete, including Nucor Corp., Gerdau Ameristeel US Inc., Commercial Metals Co., Cascade Steel Rolling Mills Inc., Byer Steel Group Inc. and Steel Dynamics Inc.
Imports of rebar from Mexico in 2018 were valued at USD 51 million.
The department says it will instruct Customs and Border Protection to begin collecting cash deposits on rebar from Mexico if it determines the anti-dumping duties are being improperly circumvented. (AP)
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