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Australia Probes Steel Rebar Dumping from Five Asian Nations Amid Trade Concerns

Synopsis: Australia launches anti-dumping investigation into hot-rolled deformed steel reinforcing bar imports from Indonesia, Malaysia, Thailand, Türkiye, and Vietnam, following Infrabuild NSW's complaint.
Thursday, November 21, 2024
Infra
Source : ContentFactory

The Australian Anti-Dumping Commission initiated Investigation 655 on September 24, 2024, examining alleged dumping and subsidization of hot-rolled deformed steel reinforcing bar from five Asian nations. The investigation, prompted by Infrabuild NSW Pty Limited's application, focuses on rebar products up to 50 millimeters in diameter featuring various deformations produced during rolling.

The investigation's scope encompasses specific tariff classifications including 7214.20.00, 7228.30.10, 7228.30.90, and 7228.60.10, covering a wide range of steel reinforcing products. While the investigation is comprehensive, it specifically excludes hot-rolled deformed reinforcing steel in coil form, plain round bar, stainless steel, and reinforcing mesh, ensuring targeted scrutiny of the relevant products.

The Commission has established a structured timeline for the investigation, spanning from July 1, 2023, to June 30, 2024, as the primary investigation period. The injury examination period extends back to July 1, 2020, allowing investigators to assess long-term impacts on the domestic industry. Initial submissions were due by October 31, 2024, with the Preliminary Affirmative Determination scheduled for no earlier than November 25, 2024.

The investigation has already generated significant international response, with the Republic of Türkiye's Ministry of Trade submitting formal comments on November 7, 2024. Various stakeholders, including Amsteel Mills Marketing and PT Putra Baja Deli, have provided submissions addressing material injury concerns and proposing modifications to the Model Control Code structure.

Importers must comply with a staged questionnaire submission process, with Part A due by October 1, 2024, Parts B and C by October 15, 2024, and Parts D, E, and F by October 22, 2024. This detailed information gathering aims to ensure comprehensive market analysis and accurate assessment of trading practices.

The Commission has set January 13, 2025, as the deadline for the Statement of Essential Facts, with the final recommendation due by February 26, 2025. The Minister's decision is expected within 30 days of receiving the recommendation, potentially leading to the implementation of anti-dumping measures if dumping and material injury are established.