WASHINGTON Feb 22 The U.S. Commerce Department
on Wednesday said it found that imports of steel concrete
reinforcing bar, or rebar, from one producer in Turkey were
being subsidized and it set preliminary duties on the products
of 3.47 percent.
The preliminary decision came in a response to a complaint
from the Rebar Trade Action Coalition and its members: Bayou
Steel Group, Byer Steel Group Inc, Commercial Metals Co,
Gerdau Ameristeel U.S. Inc, Nucor Corp and
Steel Dynamics Inc.
The preliminary countervailing duty applies to privately
owned Habas Sinai ve Tibbi Gazlar Istihsal Endustrisi AS, the
department said in a statement. Imports of rebar from Turkey
were worth an estimated $674.40 million in 2015, it said.
A final determination by the Commerce Department was
expected on or about May 16, 2017, it said.
(Reporting by Eric Walsh; Writing by Tim Ahmann)