Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Mexico began its third anti-dumping (AD) sunset review on carbon steel plate imports from Russia, Ukraine and Romania. Mexican steelmakers had pleaded for the extension of the duties.

 

The Mexican Ministry of Economic Affairs notified on Sep 10 that domestic steelmaker Altos Hornos de México and SAB de CV have applied for a launch of anti-dumping review on carbon steel plates from these three countries. The period of investigation (POI) for this review is July 1, 2019 to June 30, 2020 and the damages would be accessed from July 1, 2015 to June 30, 2020. The HS Codes involved in this case are 72085101, 02, 03 and 72085201, 72254001 and 02. The current tariffs will be applicable during the investigation.

 

Mexico had initiated an AD investigation on carbon steel plates exports from Romania, Russia and Ukraine in August 2003. In September 2005, Mexico imposed anti-dumping (AD) duties on carbon steel plates imported from Russia, Ukraine and Romania. Romania steelmakers face the highest levy of 67.6pc, followed by Ukrainian producer 60.1pc and Russian exporters will face a levy of 36.8pc

 

These duties were extended for the first time by five years in March 2012, followed by a second extension in September 2016 for another five years. In January 2014, Mexico affirmed a final anti-circumvention ruling on the carbon steel plates from Russia and Ukraine involving HS Code 72254001 and 72254002.

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