A brand new antidumping and countervailing responsibility motion has been filed in opposition to Metal Concrete Reinforcing Bar imported from Algeria, Bulgaria, Egypt, and Vietnam. The topic merchandise coated by this petition is metal concrete reinforcing bar, which is broadly used for nonresidential and infrastructure development. The allegation is that imports from Algeria, Bulgaria, Egypt, and Vietnam are each unfairly backed and are being dumped (bought beneath price).
- ArcelorMittal
- Ag Royce Metallic Advertising Dba Concrete Reinforcing Merchandise
- Duferco Metal LLC
- Intermetal Rebar LLC
- Macsteel Worldwide USA Corp.
- Stamford Metallic Group
Bulgaria
- Helios-Metalurg
- Hus Ltd
- Intercom Group
- Promet Metal
- SIDMA
- Stad
- Stomana Business
Egypt
- Al-Gioshy Metal
- Al Madina Metal
- Delta Metal Mill Co.
- Egyptian Firm for Iron and Metal
- Egyptian Iron and Metal & Co.
- Egyptian Metal
- El-Ashry Metal
- Elmarakby Metal
- Ezz Metal
- Misr Nationwide Metal
- Nationwide Port Stated Metal Co.
- Suez Metal
- Etaqa, Adabya St., Suez
Algeria
- Algerian Qatari Metal
- Metallic Metal Firm LTS SETIF
- The Nationwide Lengthy Merchandise Processing Firm (ENTPL)
- Tosyalı Algérie
Vietnam
- Formosa Ha Tinh Metal Company
- Hoa Phat Group
- Hoa Sen Group
- Mien Hua Precision Mechanical Co., Ltd.
- Northstar Precision Vietnam
- Pomina Metal Company
- Tay Do Metal Co., Ltd.
- Nam Kim Metal
- Vietnam Metal Company
- Tung Ho Metal Vietnam Corp
Background on AD/CVD Investigations
Antidumping responsibility (“AD”) and countervailing responsibility (“CVD”) investigations are introduced collectively by the U.S. Worldwide Commerce Fee (“USITC”) and the U.S. Division of Commerce (“Commerce”). AD investigations are triggered when a home trade alleges that it has been injured by competing imports of explicit items from particular nations being bought at lower than a good worth. In the meantime, CVD investigations are triggered when a home trade alleges that it has been injured by competing imports which might be being unfairly backed by their governments. The home trade initiating the investigation is called the petitioner whereas the international trade taking part within the investigation is called the respondent.
Scope of the Investigation
The merchandise coated by these investigations is metal concrete reinforcing bar.
The merchandise topic to the investigations are at the moment categorized within the Harmonized Tariff Schedule of the US (HTSUS) below statistical reporting numbers 7213.10.0000, 7214.20.0000, and 7228.30.8010.
Full scope right here.
U.S. Import Knowledge of Topic Merchandise
Algeria
Bulgaria
Egypt
Vietnam
Subsequent Steps
The Commerce Division will decide whether or not to provoke the investigations inside 20 days. The USITC will attain a preliminary willpower of fabric damage or menace of fabric damage inside 45 days.
As with all continuing, participation is essential to guard your rights. We urge anybody who imports metal concrete reinforcing bar to pay shut consideration to this case and to make sure that all acceptable steps are taken to mitigate any injury.
AD/CVD investigations may end up in determinations adversarial to respondent pursuits for years that would successfully prohibit entry to the U.S. market. Failure to successfully take part in investigations can put exporters and importers at a major drawback.
Diaz Commerce Regulation will proceed to observe this case and share updates.
For extra data or questions get in contact with us at 305-456-3830 or information@diaztradelaw.com.
