Trade Cases

CANACERO Praises AD Duties on Galvanized Sheet and Wire Rod from China and Taiwan
Written by Sandy Williams
August 11, 2016
Mexican steel association CANACERO welcomed antidumping duties placed on galvanized sheet steel and wire rod imported from China and Taiwan. The Mexican Ministry of Economy placed duties of up to USD$0.563 per kilogram on galvanized sheet from China and Taiwan and USD$0.49 per kilogram on wire rod from China.
Said CANACERO in a statement: “Unfair imports, fueled by production overcapacity in China and predatory practices from other countries, have seriously distorted the global steel markets and constitute the main threat to the domestic steel industry and its value chain; illegally capitalizing on domestic consumption to the detriment of the production plant, jobs, investment, product quality, research and development.”
According to CANCERO, 29 investigations of unfair trade practices were resolved during the current administration, three times of that of the previous two presidential terms. The main targets of the investigations were China, Russia, Ukraine, India, Spain, Korea, Japan, and Taiwan. In 2015 imports of steel products represented 47.3 percent apparent national consumption. As a result capacity utilization dropped to 60 percent and more than 10 thousand jobs were lost.
Mexico has seen a surge in manufacturing investment but the continued distortion of the steel market by overcapacity in China, subsidies, state enterprises, dumping and currency manipulation has hurt the ability of domestic manufacturers to compete, said CANACERO.
“In this context, the federal government has recognized the need to use all legal mechanisms that Mexico has in the WTO to defend the national production and jobs,” said CANACERO.
“We recognize and appreciate the actions that the federal government through the Ministry of Economy has taken in defense of national production and jobs.”

Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases

Tariff fallout: Canada strikes back, Stellantis idles, GM boosts production
Canada imposes auto tariffs, while automaker Stellantis temporarily idles some plants.

Commerce tags UAE with ‘critical circumstances’ in CORE trade case, South Africa spared
The Commerce Department has made a preliminary determination that ‘critical circumstances’ exist for certain imports of corrosion-resistant (CORE) flat-rolled steel from the United Arab Emirates (UAE). Commerce decided that critical circumstances did not apply to CORE from South Africa. The department also found that critical circumstances did not apply to CORE from UAE producers Al-Ghurair Iron & Steel LLC and United Iron & Steel Company LLC.

Trump’s ‘Liberation Day’ brings 10% baseline tariffs; steel, aluminum, and autos/parts excluded
President Trump’s promised “Liberation Day” has arrived, with a 10% minimum tariff on imports. But there are some very important exceptions: The United States’ USMCA partners, Canada and Mexico, are excluded from the reciprocal tariffs for now. In addition, steel, aluminum, as well as autos and auto parts are excluded from the reciprocal tariffs. That’s […]

Price on Trade: Auto tariffs, auto parts, and Hyundai – a world of rapid changes
Trump's new auto tariffs will apply to passenger vehicles (including sedans, sport utility vehicles, crossover utility vehicles, minivans, and cargo vans), light trucks, and certain automobile parts (including engines and engine parts, transmissions and powertrain parts, and electrical components).

CRU: Canacero urges Mexico-US partnership to fend off Asian steel imports
Victor Cairo, head of Mexico’s steel sector body Canacero and CEO of ArcelorMittal Mexico, says he is confident negotiations between the Mexican and US governments planned for April 2 will lead to the creation of a regional block to substitute imports, especially from Asia.