The Mexican Secretariat of Economy has imposed provisional antidumping (AD) duties of 37.88pc on aluminum disc imports from China after an investigation, the ministry announced on Friday.
The ministry said in a resolution published in Mexico’s official gazette that the probe was opened in April 2019, following a request from Almexa Aluminio, S.A. de C.V., which runs three aluminum plants in the country, with a total casting and rolling capacity of more than 70,000mt per year.
The affected products are classified under tariff 7616.99.10, according to data from the country’s official gazette (Dof).
Global manufactured aluminum exports increased by 5pc to 2mn mt between 2016 and 2018. China exported 26.7pc of this volume followed by, Italy (11.5pc), Germany (5.9pc), Poland (4.9pc), Austria (4.8pc), France (3.7pc), and Mexico (3.1pc), according to the Dof.
The price of aluminum products exports from China was below its competitors by 44pc during the period, the ministry noted in its AD order. The AD duties will be valid until the end of the investigation, starting, March 27, 2020. The date for the conclusion of the probe is still uncertain.