Trade Cases
Mexico Keeps Duties on Russian, Romanian, Ukrainian Plate Imports
Written by David Schollaert
March 22, 2022
Mexico has extended for another five years its existing countervailing duties against imports of Russian, Romanian and Ukrainian steel plate. The trade policy has been in effect since 2005; the latest determination is retroactive to Sept. 22, 2020.
Following a filing from domestic producer Altos Horns de Mexico (AHMSA), the Mexican secretariat’s determination “established sufficient evidence” its steel industry would suffer injury should the antidumping measures expire.
The latest countervailing tariffs cover plate, medium plate, heavy plate, HRC steel plate, and cut-to-length steel plate products under HS codes 7208.51.04, 7208.52.01 and 7225.40.06.
Previously imposed compensatory quotas against Russia, Romania and Ukraine remain in effect, ranging from 36.8% to 60.1% depending on the product’s boron content, shape and thickness.
In 2021, Russia exported roughly 3.6 million tons or 12% of its semifinished and finished steel products into Mexico.
By David Schollaert, David@SteelMarketUpdate.com
David Schollaert
Read more from David SchollaertLatest in Trade Cases
Trump threatens 25% tariffs on Canada and Mexico as soon as Feb. 1
President Donald Trump said on Monday evening that he was considering placing tariffs of 25% on imports from Canada and Mexico. The president said the tariffs could go into effect as soon as Feb. 1. President Trump threatened the tariffs as he signed a raft of executive orders in front of reporters in the Oval […]
Leibowitz: Trump will act fast on tariffs and immigration – buckle up
The new president clearly likes tariffs, and he wants to use them to make the United States more competitive - especially in manufacturing and mining. I believe that this will not be effective. But tariffs are very likely to be announced among the early pronouncements.
Canacero disputes US allegations of Mexican steel export threat
Mexican steel trade association Canacero said steel exports from the Latin American country into the US do not pose a threat. And claims that Mexican steel exports have been the driver of US plant closures and layoffs are “unfounded,” the association said. “On the contrary, the US greatly benefits from steel trade flows and has […]
Coated steel trade case update: Postponements and new allegations
The steel industry may have to wait even longer for the initial duty determinations in the pending coated steel unfair trade investigations.
Price on Trade: Next six months will set course of trade for years to come
This may be the most consequential six months for trade policy in recent memory. The wait to see what form Trump's actions take is almost over.