Mexico seeking Antidumping Chinese Cold Rolled Steel Coil

Mexico seeking Antidumping Chinese Cold Rolled Steel Coil

Mexico’s Economy Secretariat has extended for an undetermined period the investigation over imports of Chinese cold-rolled coil, initiated in April, without imposing any preliminary countervailing duties.

The products subject to the investigation are cold-rolled steel products, not less than 600 mm wide, uncoated, 0.5-3 mm thick, under HS codes 7209.16.01 and 7209.17.01, following a request presented by Ternium and supported by Ahmsa.

“There are enough elements to preliminary support that in the investigated period [October 2012 to September 2013] the imports of the subjected product were done under price discrimination and generated a harm threat to the national production,” the secretariat said in a document posted on its website Monday afternoon.

However, no countervailing duty was applied for this instance as “in these cases the enforcement of antidumping measures must be examined with special care,” the secretariat said.

The secretariat estimated that the impact of these imports will continue in 2015, reducing production 4%, domestic shipments 7% and use of installed capacity 2%, compared with 2014.

Source:

–Henrique Ribeiro, henrique.ribeiro@platts.com
–Edited by Derek Sands, derek.sands@platts.com

Related Article: Free Antidumping For Coated Steel Coil from Vietnam.