The U.S. Department of Commerce has preliminarily determined that two Mexican companies, Deacero Group and TA 2000, sold steel concrete reinforcing bars (rebar) in the United States at prices below normal value between November 2022 and October 2023. Additionally, Commerce has decided to stop the review of certain companies that didn't have any sales during this period. The agency invites comments on these preliminary results and will finalize its review by assessing antidumping duties based on its findings. The cash deposit rates for future shipments will depend on these final results.
Simple Explanation
The U.S. Department of Commerce found out that two companies from Mexico sold steel bars in the U.S. for less money than usual from November 2022 to October 2023, which might lead to special rules or extra charges on these companies. They are asking people what they think about this situation before making a final decision.