ADC Steel Wire Rod Dumping Case Ends
The ADC steel wire rod dumping case has officially concluded after the Australian Anti-Dumping Commission (ADC) found no significant evidence to support ongoing action. The investigation reviewed imports from Indonesia, South Korea, and Vietnam.
Learn more about the ADC: https://www.industry.gov.au
Findings on Indonesian Imports
The ADC confirmed that PT Ispat Indonesia engaged in dumping. However, the margin remained below 2%, which falls under the threshold for enforcement. As a result, the commission dismissed the case against Indonesian imports.
Other Indonesian exporters accounted for negligible import volumes, so the ADC excluded them from further consideration.
South Korea and Vietnam Results
The ADC found that imports from South Korea represented a negligible share of the market. Therefore, it dropped the case against Korean exporters.
In addition, the commission determined that Vietnamese exporters did not engage in dumping. This finding led the ADC to dismiss the case for Vietnam as well.
Conclusion of the Investigation
The ADC closed the investigation after reviewing all evidence and determining that no country met the criteria for anti-dumping measures. This outcome removes trade restrictions and clarifies market conditions for steel wire rod imports into Australia.
