The US Department of Commerce (Commerce) has released its final determinations in the antidumping (AD) investigations of carbon and alloy steel wire rod from Belarus, Russia, and the United Arab Emirates (UAE).  The final dumping margins are unchanged from the preliminary dumping margins.

Commerce also made a final determination of critical circumstances with respect to all Russian producers and exporters, including Abinsk Electric Steel Works and JSC NLMK Ural.  The International Trade Commission (ITC) must also make an affirmative critical circumstances decision, before duties would be applied retroactively.

The ITC is scheduled to make its final injury determination in the investigations of Belarus. Russia and the UAE on December 20, 2017.

Commerce has amended the preliminary dumping margin for POSCO and all other Korean producers/exporters of carbon and certain alloy steel wire rod.  Commerce had originally calculated a preliminary dumping margin of 10.09 percent for POSCO and all other Korean producers and exporters.

However, as the result of correcting a “significant ministerial error” in its original calculation, they have now calculated a preliminary dumping margin of 40.80 percent for POSCO and all other Korean producers/exporters.

The amended duty margin will become effective when the amended preliminary margin is published in the Federal Register on November 28, 2017.