Mexican steelmaker Deacero is reevaluating its operations in Chile, following a 13.1 percent AD imposed over the imports of Mexican rebar.
If the measure isn’t reverted, the Mexican steelmaker would need to reorganize all its operations in Chile, a Deacero executive said.
Deacero said such measures don’t improve the company’s competitiveness and put its partners in Chile in a very critical situation, which could result in job losses.
According to the steelmaker, the ad-valorem provisional tariff shouldn’t be applied, since there is no adequate reasoning to do so. Deacero said it will work with the Chilean authorities to revert the measure.
Deacero said the move tends to “close” markets, since there are just two local producers in the South American country, CAP Acero and Gerdau.