Steel Mills
Mexico Initiating HRC Antidumping Investigation on France, Germany & China
Written by Sandy Williams
October 4, 2014
Hot-rolled coil steel from Germany, China and France may soon be subjected to antidumping duties from Mexico.
Mexico’s Ministry of economy has launched an investigation following a complaint by Ternium Mexico and Altos Hornos de Mexico (AHMSA) that imports of HRC from the three countries between 2011 and 2013 lowered prices and harmed Mexican producers.
The product in question is carbon steel or steel alloy, non-stripped and not coated, clad or plated, with a width of 600mm or greater.
Ternium and AHMSA are two of the largest steel producers in Mexico at 1.4 million tons and 955,326 tons of production, respectively, in the second quarter of 2013.
Antidumping duties on steel tube from Spain, India and US has also been called for by Mexican producers.
Imports of tubes used for oil and gas pipelines have increased 2,191 percent in the three years to Q1 2014. The pipes in question have an external diameter of 406.4mm or greater.
Mexican companies are asking for duties of 40-120 percent and are planning an additional complaint against imports of the product from China, according to Mexican steel industry association Canacero.
It has been suggested that the inclusion of the United States in the complaint is in response to antidumping duties imposed by the US on rebar imports from Mexico.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
USS/Nippon deal: Who will have the happiest holidays?
Will Santa bring gifts for the leadership, employees, and shareholders of U.S. Steel and Nippon Steel, and lumps of coal for USW leadership and politicians opposed to the deal?
‘Orderly liquidation’ of AHMSA assets begins
A trustee has formally taken over AHMSA and begun the liquidation process of the bankrupt Mexican steelmaker.
Nippon buying stake in Canadian iron ore project
Nippon Steel and a Japanese trading company have entered an agreement to buy a 49% interest in a Champion Iron ore project in Canada.
USS anticipates Q4 loss on weak demand, BR2 start-up
Amid a challenging pricing and demand environment, and with the ongoing ramp-up of the Big River 2 mill, USS is anticipating a loss for the fourth quarter.
Nucor blames steel mills segment for depressed Q4 guidance
Nucor cited decreased volumes and prices in it steel mills segment as the key driver of its lower guidance for the fourth quarter.