11,477.80 TRY BIST 100 BIST 100
47.96 EUR EUR EUR
40.99 USD USD USD
5.76 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
39.65 TRY Interest Interest
68.46 USD Fossil Oil Fossil Oil
51.17 USD Silver Silver
4.54 USD Copper Copper
100.50 USD Iron Ore Iron Ore
335.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,449.41 TRY Gold (gr) Gold (gr)

The U.S. has completed the tax review on carbon and certain alloy wire rods imported from China

The U.S. Department of Commerce has announced the final results of the expedited second sunset review of the countervailing duty order on carbon and certain alloy wire rods imported from China. The decision will take effect as of August 26, 2025.

The U.S. has completed the tax review on carbon and certain alloy wire rods imported from China

The Ministry announced that the review was initiated on May 1, 2025, and that participation notices were received from interested parties on May 16, 2025. Domestic producers such as Charter Steel, Commercial Metals Company, Liberty Steel USA, Nucor Corporation, and Optimus Steel LLC requested interested party status as producers of domestic like products.

During the review process, the Ministry of Commerce did not receive a substantive response from the Government of China or from other participating parties. Accordingly, an expedited (120-day) expiry review was conducted. The review evaluated the likelihood of continuation or recurrence of subsidization and the countervailable subsidy rates to be applied in the event of revocation.

According to the final results announced by the Ministry, the net countervailable subsidy rates to be applied to Chinese producers were determined as follows: Benxi Steel – 193.31%, Hebei Iron & Steel Co., Ltd. Tangshan Branch – 178.46%, and others – 185.89%.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Rayanco is establishing Saudi Arabia's first EAF billet plant

Tuesday, August 26, 2025

The modernization of SMS group Baosteel’s hot rolling mill gears has been completed

Tuesday, August 26, 2025

HyIron, Toyota Tsusho and the Government of Namibia signed MoU for green iron production

Tuesday, August 26, 2025

China’s stainless steel imports decreased in July, while its exports increased

Tuesday, August 26, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now