The U.S. Commerce Department has determined that anti-dumping duties should be applied to threaded steel rod imports from China, India and Taiwan. Unlike the wider section 232 review of the steel industry, the threat of tariffs on steel rod shipments has not deterred importers. Indeed, shipments from China and India climbed 14.7% and 16.1% respectively in the three months to Jul. 31 compared to a year earlier. That’s partly been driven by a drop in import values per ton of the construction material, perhaps reflecting a late grab for sales. Leading U.S. importers may already be cutting s...
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