The Mexican Secretary of Economy (SE) published last week the final determination of the antidumping investigation on imports of Chinese seamless steel pipe.
In the Official Gazette (DOF), the agency said that based on the results of its analysis, there is sufficient evidence to show that these imports were made at a discriminatory price and caused injury to the domestic industry in terms of the provisions of Article 3 of the AD Agreement 41 Foreign Trade Law (LCE) and 64 of its rules.
The product under investigation was seamless steel pipe, not including mechanical or stainless pipe, with a nominal external diameter equal to or greater than 2" (60.3 mm) and less than or equal to 4" (114.3 mm), irrespective of the wall thickness, coating or steel grade that is manufactured.
The investigation period was from April 1, 2011 to March 31, 2012. and the comparison period of analysis of injury and causation to the domestic industry was from January 1, 2009 to March 31 2012.
During the comparison period, the agency recorded an increase in import tonnages of 94 percent, with an increase of 33 percent during the period of investigation. Meanwhile, prices increased by 19 percent during the comparison period and 19 percent during the period of investigation.
The SE noted that because of these competitive conditions, the Mexican domestic industry was forced to decrease its own prices. Therefore, the agency applied a specific final antidumping duty equal to the difference between the normal value and the export price used to calculate the margin of price discrimination, at US$1,568.92 per metric ton.