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Steel Wire Rod: Commerce Announces New AD Duties for Belarus, Russia and UAE

The Commerce Department will require antidumping duty cash deposits on imports of carbon and alloy steel wire rod from Belarus, Russia and the United Arab Emirates, it said in a Sept. 6 fact sheet. The agency set AD rates at…

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280.02% for Belarusian exporters, at 84.1% for UAE exporters and found AD duty rates ranging from 436.8% to 756.93% for Russian companies in its preliminary determination. Cash deposit requirements will take effect upon publication of the preliminary determination in the Federal Register. They will be retroactive 90 days for Russian exporters. ITT will have more details on new cash deposit requirements when Commerce publishes its preliminary determination.