Antidumping, Cold Rolled Steel, Steel, Sheet, Mexico, Ternium, Vietnam, Hoa Sen, Tong Dong, Nam Kim, Trade, Mexico, Hoa Phat, Lawyers, VTZ, Emilio Arteaga, Adrian Vazquez, VTZ

Antidumping Investigation on Cold Rolled Steel from Vietnam

Cold rolled steel from Vietnam is the new antidumping investigation launched by the Mexican Ministry of Economy. On July 28th, 2022, the Ministry of Economy published the Notice of Initiation Cold Rolled Steel From Vietnam.

Product under Investigation: Cold-Rolled Steel

Cold rolled sheet, alloyed or unalloyed, not plated or coated, of a thickness of less than 3 millimeters (mm), regardless of the width, including both widths less than and equal to or greater than 600 mm. The product under investigation can be offered, among other presentations, in the form of coils, sheets, strips, strips or tapes. The product under investigation includes both raw cold-rolled sheet and annealed cold-rolled sheet. In the international market, it is known as Cold Rolled Steel.

Antidumping, Vietnam, Importaciones, Abogados, VTZ, Secretaría de Economía, Cold Rolled Steel, Steel Sheet

The product enters the domestic market through tariff items 7209.16.01, 7209.17.01, 7209.18.01, 7209.26.01, 7209.27.01, 7209.28.01, 7209.90.99, 7211.23.03, 7211.29.99, 7211. 90.99, 7225.50.07 and 7226.92.06 of the Mexican Tariff Schedule, including the «Eighth Rule» through sections 9802.00.01, 9802.00.02, 9802.00.03, 9802.00.07, 9802.00.13, 9802.00.15 and 9802.00.19.

Preliminary Antidumping Determination

On September 13, 2023, the Ministry of Economy published the Preliminary Determination in the antidumping investigation on imports of cold rolled steel. Specifically, the Ministry of Economy considered that it has sufficient elements to provisionally determine the existence of dumping and injury to the domestic industry. In addition, the authority imposed the following provisional antidumping duties:

Hoa Phat Steel Sheet Co., Ltd
Antidumping Duties: 12.77%
Posco Vietnam Co. Ltd
Antidumping Duties: 25.64%
The rest of the Vietnamese companies
Antidumping Duties: 81.06%
Previous slide
Next slide

Among the most important aspects, the Ministry of Economy determined that the Vietnamese cold rolled steel industry has a special market situation. In particular, the Ministry considered that the production and prices in the Vietnamese market of this industry are distorted and it is not possible to use them in this antidumping investigation.

Consequently, the Ministry of Economy made a reconstruction of the normal value of this product. Based on such reconstructed normal value, the authority compared the prices of the sales in Vietnam and the export sales to Mexico. On that basis, the Ministry preliminarily determined the existence of dumping and imposed antidumping duties. Moreover, the antidumping are applicable to definitive imports, as well as temporal imports such as those of the IMMEX program.

Currently, VTZ represents the only two Vietnamese companies that obtained specific antidumping duties: Hoa Phat Steel Sheet Co., Ltd. and Posco Vietnam Co., Ltd.

To learn about some of the other specific aspects of this antidumping investigation, below we share with you information about the period of investigation and the period of analysis:

Analyzed period (Injury)

Lorem fistrum por la gloria de mi madre esse jarl aliqua llevame al sircoo. De la pradera ullamco qué dise usteer está la cosa muy malar.

Investigated period (Dumping)

Lorem fistrum por la gloria de mi madre esse jarl aliqua llevame al sircoo. De la pradera ullamco qué dise usteer está la cosa muy malar.

Need more information?

VTZ is a firm specialized in International Trade and Customs and IMMEX with a team with extensive experience in antidumping investigations, contact our members today:



Lo más leido:

Suscríbete a Nuestro Boletín

Nuestros Boletines Previos

International Trade, News, Mexico, 2023, Antidumping, USMCA, GM Corn, RRM

International Trade News

Learn about international trade news in Mexico. Read about the increase in tariffs, the potential antidumping investigations, the Rapid Response Labor Mechanism, and the Panel on GM Corn.

Rapid Response Labor Mechanism, RRLM, USMCA, Draxton, Draxton Mexico, Labor, Labor Rights, VTZ, Abogados, Lawyers, Mexico, Autoparts, Automotive

Draxton Case: Rapid Response Labor Mechanism

The United States has again activated the rapid response labor mechanism to review the Draxton factory in Irapuato, Mexico. Know all the details concerning this case in the executive summary by VTZ.

Seguir leyendo

Sigue las noticias de VTZ