Mexico’s economy secretariat, SE, said on Monday it is reviewing existing countervailing duties applied to Russian imports of both alloy and non-alloy rolled steel plates, following a request from local producers Ternium Mexico y Altos Hornos de Mexico (AHMSA).
SE said the period of review for the existing CVD go from January 1, 2015 to December 31, 2015, while the period of analysis starts on January 1, 2011 and end on December 31, 2015.
The products subject to the review currently fall under the Customs Tariff Statistics Position Numbers 7208.10.02, 7208.25.99, 7208.37.01 and 7225.30.03.
According to SE, the products subject to the review include rolled steel plate imports containing 0.0008 percent of boron or more, hot rolled steel products greater than or equal to 600mm and with a thickness equal to or greater than 4.75mm, but inferior to 10mm.
SE explained those products are also known in the market as heavy plate, medium plate, hot rolled steel plate in coils or just HRC. SE added other existing definite CVD applied to Russian imports of steel plate will continue to be applied.
On June 7, 1996, Mexico set a definite CVD of 29.30 percent over the imports of Russian rolled steel plates.
On February 19, 2014, SE set a 29.30 percent CVD over the imports of Russian rolled steel plates with thicknesses above 4.75mm, widths greater than 600mm and containing not less than 0.0008 percent of boron.