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Commercial Metals Applauds Preliminary Ruling Against Algerian Rebar
Commercial Metals Company (NYSE: CMC) ("CMC" or the "Company") applauds the preliminary ruling issued by the Department of Commerce recognizing that rebar originating from Algeria has been unfairly dumped into the United States market. As a result of this finding, an anti-dumping margin of 127% will be immediately applied to all rebar sourced from Algeria and entering the domestic market. A final determination from the Department of Commerce, which could alter this margin rate, is expected to be
About this update from Commercial Metals Company
[{"type":"text","content":"IRVING, Texas, Dec. 19, 2025 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC" or the "Company") applauds the preliminary ruling issued by the Department of Commerce recognizing that rebar originating from Algeria has been unfairly dumped into the United States market. As a result of this finding, an anti-dumping margin of 127% will be immediately applied to all rebar sourced from Algeria and entering the domestic market. A final determination from the Department of Commerce, which could alter this margin rate, is expected to be issued within the next 75 days. Yesterday's announcement is related to a trade petition filed by the U.S. domestic rebar industry in June 2025. In addition to Algeria, the petition included allegations of injury from steel producers located in Bulgaria, Egypt, and Vietnam. Preliminary rulings from the Department of Commerce with respect to the other ongoing investigations are expected in January 2026 for the countervailing duty investigations covering Egypt, Vietnam, and Algeria, and in March 2026 for the antidumping duty investigations covering Egypt, Vietnam, and Bulgaria.","length":1156,"tagName":"p"},{"type":"text","content":""I would like to thank the Department of Commerce for its defense of fair trade," said Peter Matt, President and Chief Executive Officer. "This ruling helps protect domestic steelmakers, and more importantly, the hardworking men and women that make our industry worldclass, from the disruptive and unfair practices that Algerian producers have displayed for years."","length":385,"tagName":"p"},{"type":"text","content":"About CMC","length":9,"tagName":"p"},{"type":"text","content":"CMC is an innovative solutions provider helping build a stronger, safer, and more sustainable world. Through an extensive manufacturing network principally located in the United States and Central Europe, we offer products and technologies to meet the critical reinforcement needs of the global construction sector. CMC's solutions support early-stage construction across a wide variety of applications, including infrastructure, non-residential, residential, industrial, and energy generation and transmission.","length":515,"tagName":"p"},{"type":"text","content":"Forward-Looking Statements","length":26,"tagName":"p"},{"type":"text","content":"T...