Mexico declined to renew a 15 percent tariff over the imports of certain steel products from China and other countries with which Mexico does not have trade agreements, despite a request from local steel association Canacero in late January.
The 15 percent tariff, which expired on January 31, applied to imports of slab, CRC, HRC, heavy plate, and wire rod. The tariff was first introduced in October 2015 for six months and was then renewed several times.
The Mexican Workers Confederation (CTM) urged unions to unite to fight what it labeled as “subsidized” steel imports, a media report from Mexico state-owned news agency Notimex said.
A metal mechanic, steel-related union said it is “urgent” that companies and workers get together with Mexico’s economy secretariat, SE, to share their point of view and the consequences of not renewing the import tariff.