Coated steel - Mexico investigates anti-dumping

30/08/2021 04:59 - 25 Views

I. Relevant information:

 

On August 21, 2021, Mexico's Ministry of Economy announced an anti-dumping initiation on coated steel imported from Vietnam. This is the first anti-dumping investigation toward Vietnamese goods in Mexico.

 

1. Initiation date: August 30, 2021

 

2. Petitioner: Ternium Co.,Tenigal Co.

 

3. Good in investigation: Coated steel under HS codes 7210.30.02, 7210.41.01, 7210.41.99, 7210.49.99, 7210.61.01, 7210.70.02, 7212.20.03, 7212.30.03, 7212.40.04, 7225.91.01, 7225.92.01 và 7226.99.99.

 

4. Investigation period: January 01, 2020 to December 31, 2020

 

5. Provisional conclusion:

 

On September 14, 2022, the Mexican investigation agency issued preliminary conclusions in the case of an anti-dumping investigation with galvanized steel imported from Vietnam.

 

- Products subject to preliminary tax: galvanized steel products with HS codes: 7210.30.02, 7210.41.01, 7210.41.99, 7210.49.99, 7210.61.01, 7210.70.02, 7212.20.03, 7212.30.03, 7212.40.04, 7225.91.01, 7225.92.99;01 and 7226.99 and codes 9802.00.01, 9802.00.02, 9802.00.03, 9802.00.04, 9802.00.06, 9802.00.07, 9802.00.10, 9802.00.13, 9802.00.15 and 9802.00.19 under the Mexican HS code system.

 

- Preliminary tax rate: the preliminary tax rate for Vietnamese enterprises is from 0% to 12.34%. This is a relatively low tax rate compared to the recent cases that Mexico has investigated on trade remedies with imports from other countries into Mexico.

 

- Export data: According to the data of the International Trade Center ITC, during the investigation period (2020), Vietnam exported about 170 million USD of investigated products to Mexico. In 2021, Vietnam's export value will more than double to about $370 million.

 

6. Final conclusion:

 

On February 24, 2023, the Foreign Trade Enforcement Agency (UPCI) under the Mexican Ministry of Economy issued the final conclusion of the anti-dumping investigation case with galvanized steel imported from Vietnam, according to which the tax rate was adjusted down compared to the preliminary conclusion, to 0% - 10.84%.

 

II. Case calendar:

 

Date (D/M/Y)

Events

30/08/2021

Investigation initiation

14/9/2022 Preliminary conclusion with tax rate from 0% to 12,34%
24/02/2023 Final conclusion with tax rate from 0% to 10,84%

 

The case documents are attached below:

Tải tài liệu
1. Initiation notice
2. Preliminary conclusion
3. Final conclusion
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