Mexican long steel producer Deacero said it’s suffering “restrictive behaviors” in terms of competition from local steelmakers CAP Acero and Gerdau.
In response to a request from CAP and Gerdau, which asked Chilean price distortion commission, CNDP, to apply a 27.5 percent tariff over the imports of rebar from Deacero, the Mexican producer said the arguments used by the two local steelmakers are “deceptive” and just aim to “confuse” the commission.
Deacero said the request from CAP and Gerdau contained multiple mistakes, such as attributing to Deacero the entirety of Mexican production. It also said Gerdau is part of the world’s largest 19 steelmakers, at the same time Deacero isn’t ranked in the global 100 major producers.
Deacero said there’s no dumping practices from its side and argued applying both a definite or a provisional AD duty on Deacero’s rebar is one of the strategies aimed to “close” the market and avoid new competitors to enter it. It also defined the Chilean steel industry as “concentrated” and not much of a competitive market.
CAP has recently asked for safeguarding measures on imports of Chinese wire rod. In October last year CNDP applied an “ad valorem”, provisional safeguarding duty of 37.8 percent on the imports of the product, as previously reported by SteelOrbis.