US Commerce Department Finds Corrosion-Resistant Steel Imports from Turkiye Sold at Less than Fair Value

Strategic Insights -

The US Department of Commerce International Trade Administration has concluded that corrosion-resistant steel products from Turkiye are being sold at less than their fair value in the American market. This determination follows an investigation spanning from July 1, 2023, to June 30, 2024. The finding could lead to duties on the imported steel, and the US International Trade Commission will conduct a final assessment to determine if the domestic industry is being harmed by these imports.

Key Takeaways:

  • The US Commerce Department has found that certain corrosion-resistant steel products from Turkiye are being sold at less than their fair value, citing weighted-average dumping margins of 6.48 percent for Borcelik and 10.49 percent for Yildiz Demir Celik Sanayi.
  • The commerce agency has instructed Customs and Border Protection to continue to suspend the liquidation of entries of the steel products that were imported on or after April 10, 2025.
  • The US International Trade Commission will conduct a final assessment to determine if the domestic industry is being harmed by these imports, with a decision expected within 45 days.
  • The investigation was conducted from July 1, 2023, to June 30, 2024, and included an examination of records from two specific groups of producers and exporters: Borcelik and Yildiz Demir Celik Sanayi.
  • The commerce agency has also found that all other exporters and producers have a weighted-average dumping margin of 8.06 percent.

Statistics:

  • Weighted-average dumping margin for Borcelik: 6.48 percent
  • Weighted-average dumping margin for Yildiz Demir Celik Sanayi: 10.49 percent
  • Weighted-average dumping margin for all other exporters and producers: 8.06 percent
  • Number of days for the US International Trade Commission's final assessment: 45 days
  • Date for the investigation: July 1, 2023, to June 30, 2024
  • Date for the suspension of liquidation: April 10, 2025

Sources:

  • *https://www.federalregister.gov/documents/2025/08/29/2025-16610/certain-corrosion-resistant-steel-products-from-the-republic-of-trkiye-final-affirmative*