You are here: Home > Steel News > Latest Steel News > Mexico...

Mexico could appeal to WTO over Chilean duties on Mexican rebar

Tuesday, 18 October 2016 23:21:22 (GMT+3)   |  
       
As Chilean price distortion commission, CNDP, has less than 30 days to decide whether it will keep existing AD duties over Mexican rebar, a representative of the North American country said it could appeal to the World Trade Organization (WTO) if the duties continue.
 
“The definitions of the definite AD measures [by Chile] should violate the rules of the WTO,” said Fabela Legaspi, a secretary for the Mexican embassy in Chile.
 
“By not meeting the minimum requisites which are indispensable to initiate an AD investigation, these deficiencies become vices of origin that couldn’t be solved,” Legaspi said.
 
According to the Mexican government, CNDP hasn’t defined the analyzed period for determining whether there were damages to the Chilean domestic market. Additionally, the Mexican government argued the period used to determine alleged dumping prices aren’t comparable.
 
Chile’s price distortion commission, CNDP, is currently reviewing an existing provisional, ad valorem duty already applied to the imports of Mexican rebar. Depending on the outcome of CNDP’s meeting, Chile could extend the tariff for one more year or longer.
 
Currently, Mexican rebar is subject to a provisional antidumping (AD) tariff of 11 percent, which was reduced from 13.1 percent, following a resolution published at the nation’s official gazette, Diario Oficial, in late September.
 
The products subject to the 11 percent provisional, ad valorem tariff currently fall under the following HTS codes 7213.1000, 7214.2000, 7227.9000 and 7228.3000.

Similar articles

US import long steel prices steady following US election, Liberty to remain down until March 2025

15 Nov | Longs and Billet

US domestic rebar and wire rod pricing still flat, trend seen higher as year end nears 

15 Nov | Longs and Billet

Domestic rebar prices in Taiwan - week 46, 2024

15 Nov | Longs and Billet

Stagnant market for rebar and wire rod in Italy amid limited demand, almost stable prices

15 Nov | Longs and Billet

Import rebar prices in Asia sink to new low due to sharp fall in China

15 Nov | Longs and Billet

Major steel and raw material futures prices in China – November 15, 2024 

15 Nov | Longs and Billet

NBS: Local Chinese rebar prices down 1.4% in early November

15 Nov | Steel News

Turkish longs export prices down $10/mt, Balkans targeted currently

14 Nov | Longs and Billet

Romanian long steel prices still stable despite slower trade

14 Nov | Longs and Billet

Turkish domestic rebar spot prices decrease significantly

14 Nov | Longs and Billet