05
Dec
17:40
US quadruples Korea wire rod dumping margins
A US correction to a ministerial error in a recent wire rod dumping case resulted in a quadrupling of the assigned anti-dumping margins for Korea, Kallanish understands.
The US Department of Commerce failed to convert the currency it was basing its preliminary decision on to US dollars – bumping the assigned dumping margin from 10.09% to 40.8%. The change is effective as of 28 November, and a final determination is expected in January.
The petitioners i…
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Anonymous
Very good overview of the weekly steel market.
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