The US has set preliminary countervailing duties on steel products from three countries

Published on: 2026-01-16 16:54
Source: GMK CENTER

The Ministry of Trade has published preliminary rates for producers from Algeria, Egypt, and Vietnam

The US has set preliminary countervailing duties (CVD) for rebar producers from Algeria, Egypt, and Vietnam—the three largest suppliers of this product to the country before the tariffs were introduced in March 2025. This was reported by Argus Media.

The US Department of Commerce has confirmed the following countervailing duty rates (for all steel producers from the countries listed)

  • Vietnam – 1.08%,
  • Egypt – 29.51%,
  • Algeria – 72.94%.

Compensation and anti-dumping investigations into rebar from these three countries, as well as Bulgaria, were launched in June last year by the US Department of Commerce and the International Trade Administration (ITA). The review period is 2024.

Egypt was the largest source of imported rebar to the US in 2024. Bulgaria and Algeria ranked third and fourth, respectively, according to the ITA steel import tracker.

It should be noted that rebar prices in early January 2026 remain stable in major regions, with slight increases in China and Northern Europe. Offers in Turkey and the US remain unchanged.

In the short term, the US rebar market will remain stable or moderately bullish, provided that supply remains limited and scrap prices continue to rise, while the weak residential segment will restrain sharp price movements. At the beginning of the year, imports of this product remained low, and delays in the commissioning of new capacity exacerbated the shortage.

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