The Mexican Ministry of Economy initiated an anti-dumping investigation on imports of hot-rolled steel from China and Vietnam.

On November 19, 2024, the case began when Ternium Mexico filed the request for the initiation of the administrative investigation procedure for unfair international trade practices, in the form of price discrimination. 

The investigated products enter under the definitive, temporary, tax warehouse (including automotive), bonded warehouse and strategic bonded warehouse regimes, as well as those that enter under Rule Eight.

In addition to Ternium México, other domestic producers include Altos Hornos de México, ArcelorMittal México (AHMSA), Grupo Acerero and TA 2000.

Rolled steel

Based on the information submitted, Economía determined that Ternium accounted for 84% of the total domestic production of hot-rolled steel during the period of analysis and 82% during the period of investigation. 

Consequently, ArcelorMittal Mexico, AHMSA, TA 2000 and Grupo Acerero accounted for the rest of the domestic production of the merchandise similar to the investigated during the period of analysis.

Ternium indicated that the hot rolled steel under investigation is used in various industries, such as construction, automotive, white goods and transportation or energy, as an input for the manufacture of various products, including pipes, industrial structures, machinery, gas tanks, means of transportation and galvanized products. 

The Ministry of Economy established as the investigation period the period from September 1, 2023 to August 31, 2024 and as the injury analysis period the period from September 1, 2021 to August 31, 2024.

In its case, the Ministry of Economy may apply the definitive antidumping duties imposed on the products that have been declared for consumption up to 90 days before the date of application of the provisional measures, which in its case are determined, in accordance with the provisions of articles 10.6 of the Antidumping Agreement and 65 A of the Foreign Trade Law.