Mexico to grant automatic steel import notices

Wednesday, 13 August 2014 23:00:44 (GMT+3)   |  
       

To maintain controls on imports of steel products and to avoid triangulation or entry under unfair practices, the Mexican Ministry of Economy (SE) has started granting automatic import notices.

The decision will apply to the approximately 9 million tons of steel annually imported into Mexico; according to INEGI and the National Chamber of Iron and Steel Industry (CANACERO), in 2012 Mexico imported 9.6 million tons of steel at a value of US$11.692 billion, while in 2013 the entry of steel products reached 8.3 million tons with a value of US$10.158 billion.

Published Monday in the Official Journal of the Federation (DOF), the agreement amends the diverse SE rules and general criteria in foreign trade, with simplified requirements for automatic notices of import steel products.

Some requirements such as notifying the country of origin of goods are maintained through a mill certificate--the document that specifies the steel plant and location of the producer--are still required. They will also provide details of the manufacturer, such as name, address, phone and email, shipment number and page number.

In addition to product description, the notices will include the type of steel, finished product identification key according to the international standard, percentage of chemical composition, product presentation, and size among other things.

This situation exists because Mexican industrialistsh have for several years asked for controls to prevent unfair import practices, such as triangulation and subsidized steel entrance mostly from Russia, Ukraine and other Asian countries that increasingly declare false origin.


Similar articles

AHMSA to benefit from US-China trade disputes

12 Apr | Steel News

Trump proposes 20 percent tax on all imports from Mexico to pay for border wall

26 Jan | Steel News

Mexico extends 15 percent import tariff over certain steel products for six more months

05 Apr | Steel News

Devaluation of China’s yuan to increase Mexican imports of steel

14 Aug | Steel News

Mexican government, CANACERO agree to establish measures on foreign steel

10 Jul | Steel News

Deacero director denounces US duties on rail tie wire

06 Jun | Steel News

CANACERO refutes Mexico’s injury to US rebar market

24 Apr | Steel News

Senators urge DOC to consider US steel industry when deciding rebar trade case

11 Apr | Steel News

Mexico imposes final AD duties on Russian plate

20 Feb | Steel News

Mexico levies steep antidumping duty against Chinese seamless pipe

15 Jan | Steel News