Mexico's Ministry of Economy has announced the final results of its sunset review on the antidumping duties imposed on imports of hot rolled steel originating from Russia and Ukraine, regardless of the country of shipment.
According to the notice published in Mexico's Official Gazette, the ministry decided to extend the duties for another five years, after concluding that the removal of the measures would likely lead to the repetition of dumping and injury to the domestic industry.
The products subject to the measure are hot rolled steel, unalloyed and alloyed with a boron content of 0.0008 percent or higher, with a width of 600 mm or more and a thickness of less than 4.75 mm, regardless of length, classified under tariff codes 7208.10.03, 7208.26.01, 7208.27.01, 7208.38.01, 7208.39.01, 7225.30.91 and 7225.40.91, or any other tariff code through which the product may enter Mexico.
The antidumping duties will remain at 21 percent for imports from Russia and 25 percent for imports from Ukraine, applying for five years counted from March 29, 2025. The review was requested by Ternium Mexico and ArcelorMittal Mexico and covered the period from January 1 to December 31, 2024, with an injury analysis period running from January 2020 to December 2024.
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