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U.S. to keep anti-dumping duties on steel concrete reinforcing bars from seven countries


09:19, June 14, 2013

WASHINGTON, June 13 (Xinhua) -- The United States determined Thursday it would maintain the existing anti-dumping duty on steel concrete reinforcing bars from China, Belarus, Indonesia, Latvia, Moldova, Poland and Ukraine, despite Beijing's repeated calls for Washington to drop protectionism.

The U.S. International Trade Commission (ITC) concluded that revoking the current anti-dumping duty orders on the product from the seven countries would likely lead to the continuation or recurrence of material injury within a reasonably foreseeable time.

It has been the second five-year "sunset review" since Sept. 7, 2001, when the duty was first introduced. The duty margin on the products from China runs at 133 percent.

In 2006, the U.S. Commerce Department initiated the investigation again and the ITC later made an affirmative response, extending the order to a decade long.

A "sunset review" was conducted every five years after anti- dumping duties were introduced.

The Uruguay Round Agreements Act requires the United States to revoke an anti-dumping or countervailing duty order, or terminate a suspension agreement, after five years unless the department and the ITC determine that revoking the order or terminating the suspension agreement would likely lead to the continuation or recurrence of dumping or subsidies and of material injury within a reasonably foreseeable time.


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