United States Investigating Mexican Steel Wire Mesh
The U.S. Department of Commerce announced on July 21 that it has started a new antidumping (AD) and countervailing duty (CVD) investigation to determine whether imports of standard steel welded wire mesh from Mexico are being dumped in the United States, and to determine if producers are receiving unfair subsidies.
In the AD investigation, the Commerce Department said it will look at whether imports of standard steel welded wire mesh from Mexico are being dumped in the U.S. market at less-than-fair value. The alleged dumping margins range from 64.07 to 152.68 percent.
In the CVD investigation, Commerce will determine whether Mexican producers of standard steel welded wire mesh are receiving unfair government subsidies. Commerce will investigate 16 subsidy programs, including preferential lending, tax programs, tariff exemptions, grants, and regional subsidies.
As the Commerce Department explained in a press release, it makes affirmative findings in these investigations, and if the U.S. International Trade Commission (ITC) determines that dumped and/or unfairly subsidized imports of standard steel welded wire mesh from Mexico materially injure or threaten material injury to the U.S. industry, it will impose duties on those imports in the amount of dumping and/or unfair subsidization found to exist.
Imports of standard steel welded wire mesh from Mexico were valued at approximately $46.7 million.