Mexico's Secretariat of Economy has extended the antidumping duty of 29.3% on the import of hot rolled coils manufactured in Russia or Russian products imported from any other country till June 2026. The 29.3% duty has been in force since June 1996. The new extension was decreed at the request of the only two Mexican steel companies that produce HRC, Ternium with 57% market share and AHMSA with the remaining 43%The HRC product in question is with a width greater than or equal to 600 millimeters (mm), thickness greater than or equal to 4.75 mm, but less than or equal to 10 mm, with a boron content equal to or greater than 0.0008%The duty covers products under HTS codes 7208.10.02, 7208.25.99, 7208.37.01 and 7225.30.03 of the General Import and Export Tax Law TIGIE
Mexico's Secretariat of Economy has extended the antidumping duty of 29.3% on the import of hot rolled coils manufactured in Russia or Russian products imported from any other country till June 2026. The 29.3% duty has been in force since June 1996. The new extension was decreed at the request of the only two Mexican steel companies that produce HRC, Ternium with 57% market share and AHMSA with the remaining 43%The HRC product in question is with a width greater than or equal to 600 millimeters (mm), thickness greater than or equal to 4.75 mm, but less than or equal to 10 mm, with a boron content equal to or greater than 0.0008%The duty covers products under HTS codes 7208.10.02, 7208.25.99, 7208.37.01 and 7225.30.03 of the General Import and Export Tax Law TIGIE