Today, the U.S. Department of Commerce (DOC) published its preliminary results in the administrative review of the antidumping (AD) order on carbon and certain alloy steel wire rod from Mexico.
The review originally covered four Mexican producers/exporters during the period from October 1, 2019 through September 30, 2020
The DOC has calculated a preliminary weighted-average dumping margin of 26.12% for Deacero S.A.P.I. de C.V. – the sole mandatory respondent.
The DOC has also assigned a preliminary dumping margin of 26.12% to Ternium Mexico S.A. de C.V., the other Mexican company which is subject to this review but is not being individually examined.
The DOC has rescinded the administrative reviews of Grupo Villacero S.A. de C.V. and Talleres y Aceros S.A. de C.V. because Nucor Corporation, which had originally requested these reviews, has withdrawn its request.
The DOC plans to complete this review by March 2022. The current dumping duty deposit rate for both companies – 2.49% – will remain in effect until the DOC’s final results are published in the Federal Register.