CANACERO Praises AD Duties on Galvanized Sheet and Wire Rod from China and Taiwan

Mexican steel association CANACERO welcomed antidumping duties placed on galvanized sheet steel and wire rod imported from China and Taiwan. The Mexican Ministry of Economy placed duties of up to USD$0.563 per kilogram on galvanized sheet from China and Taiwan and USD$0.49 per kilogram on wire rod from China.

Said CANACERO in a statement: “Unfair imports, fueled by production overcapacity in China and predatory practices from other countries, have seriously distorted the global steel markets and constitute the main threat to the domestic steel industry and its value chain; illegally capitalizing on domestic consumption to the detriment of the production plant, jobs, investment, product quality, research and development.”