The U.S. Department of Commerce has decided to nullify countervailing duty on rebar imports from Turkey.
The commerce department initiated an administrative review of the countervailing duty order on steel concrete reinforcing bar (rebar) on February 6, 2019 from producers/exporters, Icdas and Kaptan Group from the Republic of Turkey. US commerce calculated net subsidy rates for the companies as 0.41pc and 0.19pc, respectively.
The department conducted administrative review after receiving case and rebuttal briefs from the concerned companies on February 11 and 18, 2020. The department determined the weighted-average dumping margins as zero for the period March 7, 2017 to June 30, 2018.