U.S. Department of Commerce Finds Rebar from Vietnam Sold Below Fair Value

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The U.S. Department of Commerce has concluded that steel concrete reinforcing bar (rebar) from Vietnam is being sold in the United States at prices less than their fair value. This decision is aimed at protecting American industry from unfair competition.

Investigation Overview

The investigation period was from October 1, 2024, to March 31, 2025. The Commerce Department began looking into the claims in March 2026 and postponed the final decision until July 27, 2026.

Scope of Investigation

The investigation covered rebar from Vietnam. It included rebar that underwent processing in Vietnam or other countries but did not remove it from the scope if the rebar was originally manufactured in Vietnam. Plain rounds and smooth rebar are not part of this investigation.

Vietnam-Wide Entity and Results

Commerce maintains that certain producers in Vietnam did not cooperate effectively. Therefore, they used adverse facts to assign a dumping margin of 136.57% to the entire Vietnam-wide entity.

Separate Rates

Hoa Phat Dung Quat Steel Joint Stock Company, Hoa Phat Hai Duong Steel Joint Stock Company, Hoa Phat Hung Yen Steel Limited Liability Company, and Hoa Phat Prestressed Concrete Company Limited, collectively known as Hoa Phat Steel, were granted a separate rate. Their weighted-average dumping margin was set at 128.53%.

Cash Deposits and Duties

As of March 13, 2026, U.S. Customs and Border Protection will continue to require cash deposits. The cash deposit for Hoa Phat Steel is adjusted for certain subsidy offsets. For others that did not qualify for separate rates, the Vietnam-wide rate applies.

Next Steps

The U.S. International Trade Commission (ITC) will decide if the imports are harming U.S. industry. If the ITC finds significant injury or threat, an antidumping duty order will be issued, finalizing the application of antidumping duties on Vietnamese rebar. This process is crucial for ensuring fair competition and supporting domestic production.

Issue List

Commerce addressed many issues during this investigation. Some were about whether Hoa Phat Steel failed to report all U.S. sales or water consumption accurately. Other concerns included which financial data to use for calculating costs and other technical factors impacting the margins.

This determination by the Commerce Department is essential in supporting fair trade practices and ensuring fair treatment of U.S. industries against unfair foreign practices.


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