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Mexico begins second sunset review of steel cable imported from China-壓鑄展-鑄造展-2025第二十五屆廣州國際壓鑄、鑄造及工業爐展覽會-巨浪展覽-The 25th China(Guangzhou) Int'l Die casting Foundry & Industrial Furnace Exhibition
12/23/2024 壓鑄展-鑄造展- Die-casting expo-foundry expo |
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At the request of the Mexican companies Aceros Camesa and DeAcero, the Mexican government began the second sunset reviewof imports of steel cable imported from China, the Ministry of Economy reported in the official gazette of the federal government(DOF).
he trade authority set the examination period fom October 1. 2023 to Sentember 30 2024 and the analvsis period from October1,2019 to September 30,2024.
The product under investigation is imported under tariff codes 7312.10.01, 7312.10.05, 7312.10.07 and 7312.10.99 of the Tarif oithe General lmport and Export Tax Law (TlGlE)
Since December 2014, the Ministry of Economy decreed an antidumping tariff of $2.58 per kilogram, which is equivalent to$2,580/mt. In May 2021, the authority decided to keep the rate unchanged, which is in force until now.
A brief calculation by SteelOrbis shows that this tariff rate has depreciated 34.4 percent. just due to inflation. At present value itshould be $3.466/mt.
A decade ago, the largest producer of steel cable in Mexico was Aceros Camesa with a market share of 58.0 percent and DeAcerohad the remaining 42.0 percent. The main importer of the product was the Mexican company Servicables
Camesa has four production plants, two in the metropolitan area of Mexico City (Cuautitlan and Valeio), another in Rosenberg.
Texas (United States) and in Lima, Peru.
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