Mexico launches AD investigation into HRC imports from China, France and Germany

Thursday, 02 October 2014 01:49:49 (GMT+3)   |  
       

The Mexican Secretary of Economy has started an anti-dumping investigation into imports of hot rolled coil (HRC) from China, France and Germany.
 
The action follows a request from Mexico's largest integrated steelmaker, Altos Hornos de México (Ahmsa), and Ternium Mexico, which claim that HRC imports from these countries have been affecting their businesses and the domestic industry, according to a resolution published in Mexico's official gazette on Friday September 26.
 
"Imports have been entering the Mexican market at unfair prices," both steelmakers said. Products under investigation are classified under tariff codes 72083601, 72083701, 72083801, 72083901, 72253002, 72253003 and 72253099.

The Mexican authorities will now investigate imports in the period between January 1 and December 31, 2013. During that year, HRC imports from China, France and Germany increased by 737 percent, according to the resolution. Companies involved include Chinese firms Angang Group lnternational Trade Corp, Angang New Steel, Baoshan lron & Steel Co, Baosteel Group Corp, as well as European companies ArcelorMittal and ThyssenKrupp, among others, the Ministry said. The exporters are required to file arguments in their defense within 23 days, starting from October 3.


Similar articles

European HRC prices keep falling, demand still shows signs of fatigue

28 Mar | Flats and Slab

Vietnam’s Hoa Phat and Formosa seek AD investigation on Chinese HRC

28 Mar | Steel News

Major steel and raw material futures prices in China - March 28, 2024

28 Mar | Longs and Billet

UAE’s HRC market still sluggish, offers from India fall slightly

27 Mar | Flats and Slab

Import HRC prices in Vietnam retreat again due to slump in China

27 Mar | Flats and Slab

Vietnam’s Hoa Phat produces nine millionth mt of HRC

27 Mar | Steel News

Major steel and raw material futures prices in China - March 27, 2024

27 Mar | Longs and Billet

HRC consumption in Mexico up 30.6 percent in January

26 Mar | Steel News

Local HRC prices sink further in Turkey

26 Mar | Flats and Slab

Import HRC prices to Pakistan decline in new ex-China offers, other suppliers avoid discounts

26 Mar | Flats and Slab