The Australian Anti-Dumping Commission has concluded reviews on rebar imported from one Indonesian mill and hot rolled coil from all Taiwanese suppliers, replacing duties with a minimum price. It also said it needed more time to issues its statement of facts and final review on imports of Chinese rebar and wire rod, Kallanish notes.

For Taiwanese HRC exporter, none will now be charged a duty despite the investigation finding modest dumping margins above the de minimis level. Instead, the exporters will be faced with a floor price duty, meaning they will have to charge a minimum price. Dumping margins were found at 5.2% for China Steel Corporation, 2.6% for Chung Hung Steel Corporation and 2.5% for Shang Chen Steel, while the margin for all other producers was 7.1%. All of these however were set an effective rate of duty of 0%. The move means the suppliers will pay no duty in a strong market but may be cut out of the market if prices slump.

Indonesia’s Toyogiri Iron Steel meanwhile also saw duties on its rebar moved to a price floor. Its dumping margin was however determined to be 0% in the review, implying the floor price should leave the mill able to export at current price levels.

There remain two key pending cases on dumping of Chinese rebar and bar-in-coil as the commission has again asked for more time before issuing its review. The commission’s workings have been disrupted by a cabinet reshuffle following the rise of Scott Morisson to prime minister in August. New minister for industry, science and technology Karen Andrews was forced to delay a number of decision due to be taken by her predecessor as she moved into the new role.