
Commercial Metals Applauds Preliminary Ruling Against Algerian Rebar | CMC Stock News

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Commercial Metals Company (CMC) applauds a preliminary ruling by the Department of Commerce, which imposes a 127% anti-dumping margin on Algerian rebar entering the U.S. market. This decision follows a trade petition by the U.S. rebar industry. Final determinations are expected within 75 days, with further investigations into other countries ongoing. CMC's CEO, Peter Matt, supports the ruling as a defense of fair trade, protecting domestic steelmakers from unfair practices.
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