Mexico raise 5 kinds of steel products import tariffs

The Mexican government has recently approved, raised 5 kinds of temporary tariffs on imports of steel products to 15%, deadline for six months. This applies only to the non free trade partner countries imports of steel products, including steel billet, medium plate, hot-rolled coil, manufacture coil and wire rod.

Allegedly, Mexico is currently more than 60% of the anti-dumping investigation for steel products, tariffs will benefit the national all steel manufacturers.

Ink national iron and steel association, said, inhibition of steel imports, to protect the domestic steel industry is a long war. To this, China may impact is bigger. , according to Mexico in the first half of this year in Mexico from Chinese steel imports surged 105%. And steel unite, according to data from 2014 Chinese exports to Mexico steel 969000 tons, 716000 tons in the first half of this year, an increase of 80%.