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    Government/Policy

    March 22, 2022

    Mexico Keeps Duties on Russian, Romanian, Ukrainian Plate Imports

    Written by David Schollaert

    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

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

    Read more from David Schollaert

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