In a Fact Sheet published on July 21, 2017, the Department of Commerce (DOC) made an affirmative final antidumping determination that steel concrete reinforcing bar from Taiwan is likely being sold in the United States below fair market value and is instructing U.S. Customs and Border Protection (CBP) to impose cash deposits based on the final rates.
According to the notice, “The merchandise subject to this investigation is steel concrete reinforcing bar imported in either straight length or coil form (rebar) regardless of metallurgy, length, diameter, or grade or lack thereof. Subject merchandise includes deformed steel wire with bar markings (e.g., mill mark, size, or grade) and which has been subjected to an elongation test.” Merchandise covered by this investigation is typically imported under the following headings of the Harmonized Tariff Schedule of the United States: 7213.10.0000, 7214.20.0000, 7228.30.8010, 7215.90.1000, 7215.90.5000, 7221.00.0017, 7221.00.0018, 7221.00.0030, 7221.00.0045, 7222.11.0001, and, 7222.11.0057.
The rates are as follows:
- 3.50% - Power Steel Co., Ltd.
- 32.01% - Lo-Toun Steel and Iron Works Co. Ltd
- 3.50% All Others
The International Trade Commission (ITC) will announce its final determination near September 5, 2017.
The Fact Sheet can be accessed at: