The U.S. ITC has made a final determination that Taiwanese exports of steel rebar has caused material injury to U.S. industry. That allows Commerce to apply duties, and is the final part of a six-piece case running since September 2016. The case has been partially effective as a deterrent. Imports from Taiwan and Japan fell by 90% and to zero respectively in the second quarter vs. the third quarter of 2016. Turkish exports fell 36%, but that includes a 25% rebound in June vs. September. Costs for consumers – in this case builders – will rise, with import values per ton hav...
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