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U.S. Issues Ruling on Taiwan Steel

The U.S. Commerce Department said on Friday it had made a final finding that exports of steel concrete reinforcing bar (rebar) from Taiwan were dumped.

The U.S. International Trade Commission will announce in August whether Taiwan's rebar exports hurt U.S. producers, which would prompt an order to keep anti-dumping duties in place.

In a statement on Friday, the department said exporters from Taiwan had sold rebar in the United States at 3.5% to 32.01% less than fair value. It estimated 2016 rebar imports from Taiwan at $53 million U.S.

Preliminary duties had been set at 3.48% to 29.47% in March.

The investigation followed a petition from the Rebar Trade Action Coalition and six member firms to investigate rebar imports from Japan, Turkey and Taiwan.