Mexico maintains countervailing duties on steel from China

The Ministry of Economy (SE) decided to maintain the countervailing duties imposed on imports of stainless steel sinks originating in China for five years, concluding that eliminating these measures could lead to the continuation or recurrence of unfair trade practices and harm the domestic industry.
According to the resolution, the agency decided to extend the duties of US$4 per kilogram for products manufactured and exported by Taizhou Luqiao Jixiang Kitchenware Co. Ltd., as well as US$5 per kilogram for all other Chinese exporters.
The Ministry noted that there is evidence to conclude that the elimination of the duties “would result in the continuation or recurrence of injury” to the domestic industry, and therefore decided to maintain them.
The proceeding was initiated after Mexican manufacturers formally requested a review of the measures due to their impending expiration. Among the petitioning companies are Cocinas Modulares, E.B. Tecnica Mexicana, and Teka Mexicana, which argued that the elimination of the duties would once again allow the entry of imported goods at prices that would affect competitive conditions in the domestic market.





