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

The Mexican Secretariat of Economy has imposed final countervailing duties on aluminum discs from China after an investigation of the imports.


Duties on aluminum discs exported to Mexico were set at $1.17 per kilogram for all Chinese companies that export that product, the economy ministry said in a resolution published in the country’s official gazette on Nov 6.


The probe was opened in April 2019, following a request from Almexa Aluminio, which has three plants and a capacity of more than 70,000mt per year, according to the company’s data. The product affected is classified under tariff 7616.99.10, according to the country’s official gazette (Dof)


The price of the exports of the affected product from China was below its domestic competitors at $1.41per kilogram, which hurt the domestic production, the Dof noted. The government did not disclose the date for the conclusion of final countervailing duties.


Leave a Reply

Your email address will not be published.