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

The US Department of Commerce has levied antidumping (AD) duties on steel nails from China and circular welded carbon-quality steel pipe from Oman.


In two separate notices giving the preliminary results of the investigations for the material imported from both countries, Commerce indicated it had found China had sold steel nails at less-than-fair-value during the period of review (POR) August 1, 2018, to July 31, 2019. It also found that Oman had sold circular welded steel pipes below the market value during the POR December 1, 2018, to November 30, 2019.


As a result, the agency has preliminarily levied a weighted average dumping margin of 1.57pc on the Omani exporter Al Jazeera Steel Products. 


Commerce has also levied an AD duty of 18.31pc on nine Chinese suppliers who exported steel nails to the US. Eight of these suppliers were imposed with a review-specific average rate, based on the rate calculated for the main company under investigation—Tianjin Zhonglian Metals Ware.


All the companies will be charged cash deposit rates according to the duty levied on them after the final results of the investigation.

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