Mexico offically set steel import tariffs valid for six months

The Mexican economy secretariat, SE, has officially set the final ruling over the imports of steel wire rods in addition to slab, HRC and CRC imports. Mexico will now apply 15 percent tariff on such imports.

In a resolution published at Mexico’s official gazette, Diario Official, the government said that the measures will include about 97 items.

The duties are effective as of October 8, 2015 and are valid for a peirod of six months. The tariff is not only valid for Chinese steel exporters, but also imports of steel coming from other countries which do not have trade agreements with Mexico.

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