According to an April 21 Reuters article:
The U.S. Commerce Department on Monday set preliminary duties on millions of dollars worth of imports of steel rebar from Mexico and Turkey after a complaint by U.S. producers about price undercutting by foreign competitors.
The department set dumping duties of up to 66.7 percent on imports from Mexico and duties of up to 2.6 percent on Turkish imports after American producers alleged companies from the two countries were selling steel rebar, which is used toreinforce concrete, at unfairly low prices. A final decision is due on July 2.
But the Department of Commerce (DOC) wasn’t done. An April 29 article by Reuters described yet another case against Mexican steel:
The U.S. Commerce Department on Tuesday confirmed plans for duties on concrete steel rail tie wire from China and Mexico after finding the products were being sold below fair value.
It is clear that the petitions have merit in the eyes of the U.S. government. Considering what’s currently happening in the market, we are hopeful that corrective action will be taken as soon as possible.
Mexico’s actions will cost U.S. sugar producers $1 billion this year, according to industry estimates. It also resulted in a taxpayer cost to U.S. sugar policy last year for the first time in a decade.
The U.S. International Trade Commission will make a preliminary injury ruling in the case later this month.