Mexico’s economy secretariat, SE, has applied definite countervailing duties over the imports of welded carbon steel tubes from India, Spain and the US, it said on Wednesday.
According to the Mexican government, US imports of the product will pay a countervailing duty of $575.01/mt for the purchases coming from Stupp or any other company in the US.
Imports coming from Spain’s Siderúrgica de Tubo Soldado and others will pay a $62.22/mt CVD. Exports from India’s Welspun Corp and other exporting companies will pay a $81.61/mt CVD.
According to SE, the measure is effective as of April 20, 2016.
The products subject to the tariffs currently fall under the following Customs Tariff Statistics Position Numbers: 7305.11.01, 7305.11.99, 7305.12.01, 7305.12.99, 7305.19.01 and 7305.19.99.