⚒️Update on Steel Concrete Reinforcing Bar Antidumping Duty Results
Steel Concrete Reinforcing Bar From Mexico: Notice of Court Decision Not in Harmony With the Results of Antidumping Administrative Review; Notice of Amended Final Results
Summary
On February 28, 2025, the U.S. Court of International Trade (CIT) issued its final judgment in Grupo Acerero S.A. de C.V., Grupo Simec S.A.B. de C.V. v. United States, Consol. Court No. 22-00202, sustaining the U.S. Department of Commerce's (Commerce) final remand results pertaining to the administrative review of the antidumping duty (AD) order on steel concrete reinforcing bar (rebar) from Mexico covering the period November 1, 2019, through October 31, 2020. Commerce is notifying the public that the CIT's final judgment is not in harmony with Commerce's final results of the administrative review, and that Commerce is amending the final results with respect to the dumping margin assigned to Grupo Simec,\1\ Grupo Acerero S.A. de C.V. (Grupo Acerero), and Sidertul S.A. de C.V. (Sidertul). ---------------------------------------------------------------------------
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$ - Med
The regulatory notice impacts businesses by amending antidumping duty results, critically affecting import costs for steel concrete reinforcing bars from Mexico. Grupo Simec and related companies now face a zero percent dumping margin, influencing pricing and market competitiveness. Companies must be aware of potential changes in their cash deposit rates and include impending duties in their financial forecasts.