The United States Department of Commerce has announced preliminary anti-dumping duties on Mexican alloy steel wire rod imports, marking a significant development in the ongoing trade enforcement actions in the North American steel sector. The decision, released on November 18, 2024, follows a comprehensive investigation spanning October 2022 to September 2023.
In its initial assessment, the USDOC examined nine Mexican companies, ultimately focusing on two mandatory respondents: TA 2000 S.A. de C.V. and Deacero S.A.P.I. de C.V. The investigation revealed that TA 2000 had been selling wire rods at prices 18.09% below fair market value, while Deacero's products were priced 13.46% lower than the established normal value. These findings have led to the imposition of corresponding duty rates on these manufacturers.
The investigation's scope encompassed a wide range of alloy steel wire rod products, demonstrating the USDOC's comprehensive approach to addressing potential trade violations. Seven other companies initially identified for review were not selected for individual examination but remain subject to the investigation's outcomes. This selective approach allows for efficient resource allocation while maintaining the investigation's thoroughness.
The preliminary determination represents a significant trade action that could reshape the North American wire rod market dynamics. Mexican manufacturers, who have been key suppliers to the US market, now face substantial duties that could affect their competitive position. The decision reflects the US government's continued commitment to enforcing trade laws and protecting domestic industry from unfair competition.
The USDOC has set March 12, 2025, as the deadline for issuing its final determination. During this interim period, affected parties can submit additional information and arguments for consideration. The preliminary duties will remain in effect until the final determination, which could either confirm, modify, or reverse the initial findings.
