UAE Steel Wire Sale Deemed Fake: Review Canceled
Published Date: 5/14/2026
Notice
Summary
The U.S. Department of Commerce decided that Essen Steel’s sale of prestressed concrete steel wire strand from the UAE wasn’t genuine, so they’re canceling the special review of this new shipper. This means Essen Steel won’t get any changes to their duties, and the decision takes effect on May 14, 2026. Companies involved in importing this steel wire should keep an eye on this update as it affects trade rules and costs.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Essen Steel Entries Face 170.65% Duty
If you imported prestressed concrete steel wire strand from Essen Steel during the period of review, those entries will be assessed at the all-others' antidumping duty rate of 170.65 percent. This decision follows Commerce's finding that Essen Steel's sale was not a bona fide sale and the rescission of the new shipper review, effective May 14, 2026.
No Company-Specific Cash Deposit — 170.65% Applies
Because Commerce rescinded the new shipper review, Essen Steel will not receive a company-specific cash deposit rate and continues to be subject to the all-others' cash deposit rate of 170.65 percent. This cash deposit status is effective as of May 14, 2026.
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