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

The US Department of Commerce has issued preliminary antidumping duty (AD) on steel nails imported from Malaysia during the period of review (POR) July 1, 2019, to June 30, 2020.


In a notification issued on Monday, Commerce noted that imported steel nails from Malaysia during the POR were sold at lower than the normal value. While 25 Malaysian companies were initially under the purview of this investigation, Commerce rescinded its review of 20 companies after US-based Mid Continent Steel & Wire withdrew its complaint against them.


Commerce then established a weighted dumping margin of 1.77pc for the remaining companies that include Region International. Region System, Inmax and Inmax Industries, and Tag Fasteners.


The agency will inform Custom Border Protection (CBP) to assess and implement these duties after a final notification is issued.

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