Posted on 29 Dec 2023
Mexico initiated an administrative procedure to examine the validity and ex officio review of the commitments assumed by South Korea’s Posco and Hyundai Hysco Co., Ltd. on imports of cold-rolled sheets originating in South Korea, regardless of the country of origin.
For the suspension of the anti-dumping (AD)duties imposition, both companies made commitments not to export their cold-rolled sheets at a price harmful to the Mexican market and not to exceed the limits of annual exports.
The products involved are cold-rolled steel sheets, both alloyed and unalloyed, with a boron content equal to or greater than 0.0008%, unplated or coated, with a width of equal or greater than 600 mm and a thickness of less than 3 mm, under tariff codes 7209.16.01, 7209.17.01, 7209.18.01, and 7225.50.91 of the TIGIE.
Source:Yieh
