The Mexican international trade authority, the Ministry of Economy, began the sunset review of antidumping duties (AD) on imports of welded link steel chains manufactured in China, regardless of the country of origin. The tariff has been applied since 2003.
The beginning of the administrative procedure was published today by the Ministry of Economy in the Official Mexican Gazette (DOF).
Currently the product is imported into Mexico with tariff fraction 7315.82.91 of the General Import and Export Tax Law (TIGIE).
Due to the damage caused to domestic producers, Mexico imposed an DA equivalent to $720 per metric ton (mt) on imports of steel chain from China since July 2003. In 2010, in the first sunset review, the DA was reduced to $500 per mt ($0.50 per kilogram).
The start of the fourth sunset review is at the request of the Mexican steel company Grupo DeAcero. The other major producer is the Industrial de Alambres (Indasa) company, although the application for validity was not intervened.
The main importer of the chains is the giant Mexican producer and marketer of hand tools and hardware products Truper.
The investigation period will be from April 1, 2022 to March 31, 2023 and the analysis period, from April 1, 2018 to March 31, 2023.