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
Ternium swings to Q3 loss, eyes 2026 recovery
Ternium closed the third quarter with steady shipments and improving margins. But trade policy uncertainty and subdued demand in Mexico weighed on the Latin American steelmaker’s results.
Algoma’s losses widen in Q3 as tariff troubles continue
Algoma Steel’s net loss more than quadrupled in the third quarter on trade woes and its EAF transition. Separately, the company announced a change in leadership, as CEO Michael Garcia will retire at the end of the year.
Cliffs, POSCO announce MoU for ‘transformative’ partnership
Cleveland-Cliffs on Thursday said it had signed a memorandum of understanding (MoU) with POSCO to forge a strategic partnership, one Cliffs bills as "transformative."
Cliffs touts steel stamping solution to replace aluminum in automotive
Cliffs said it successfully completed a defect-free trial production of exposed steel parts using aluminum-forming equipment in collaboration with an unnamed OEM,
Nucor navigates mixed flat-rolled markets with strategic muscle
Nucor entered the fourth quarter with clear forward momentum: stronger-than-expected results, solid sheet and plate demand, and construction progress on a major new mill that should add capacity next year.