Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The US Department of Commerce levied antidumping (AD) duties on five Mexican companies exporting carbon alloy steel wire rods to the US.


In a new order published Tuesday, Commerce said it determined the five companies had sold the material at less than fair value in the US and charged a 13.68pc weighted-average dumping margin on all five companies. 


The order finalized the AD duties on the five companies, which were first determined in December 2019 after a preliminary review by the department found the companies were selling wire rods in the US at prices that were lower than other exporters and domestic producers.


The companies that were reviewed and asked to pay the duties include Deacero, Ternium Mexico, ArcelorMittal Mexico, Grupo Villacero, and Talleres y Aceros.

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