The U.S. Department of Commerce (DoC) announced that it has made an affirmative preliminary determination in the countervailing duty (CVD) investigation of standard steel welded wire mesh from Mexico.
A press release said that exporters/producers from Mexico will receive countervailable subsidies at rates ranging from 1.02 to 102.09%. DoC will instruct U.S. Customs and Border Protection to collect cash deposits from importers of standard steel welded wire mesh from Mexico based on the preliminary rates noted above. In 2019, imports of standard steel welded wire mesh from Mexico were valued at approximately $46.7 million.
The petitioners were Insteel Industries Inc., Mid-South Wire Company, National Wire LLC, Oklahoma Steel & Wire Co. and Wire Mesh Corp.
DoC is scheduled to announce its final determination in this case on or about Feb. 11, 2021. If it makes an affirmative final determination, the U.S. International Trade Commission (ITC) will make its final injury determination on or about March 29, 2021.
