The general director of the Latin American Iron and Steel (Alacero) said it is urgent that Mexico seeks changes to NAFTA to avoid lawsuits between partner countries, as in the European bloc.
During an interview in El Norte, Rafael Rubio said that steel overcapacity that exists at the global level has led to more trade conflicts.
In the case of Mexico, conflicts arise such as provisional barriers standing in the way of the US market involving five producers of Mexican steel rebar.
"This is the unfinished business in NAFTA, as we are an integrated market and would best be reflected by modifying the procedures of trade disputes between the partners, by administrative practices without presenting accusations between the partners," Rubio said.
He noted that the investigations against Mexico arise due to slower growth of the steel market which causes Mexico, for example, to interpose safeguards against steel pipe.
As SteelOrbis previously reported, in April this year, US Department of Commerce calculated preliminary dumping margins with ranging between %10,66 and %66,70 against Mexican rebar producers.