Mexico welcomes Vietnam GI GL coil (Galvanized and Galvalume) after the final result of anti-dumping on imported Corrosion Resistant steel sheets from China, Chinese Taipei (Taiwan)

Mexican importers have been enjoying flat coated steel from Vietnam after anti-dumping is applied for steel from China, Taiwan. The total import volume of GI GL coils since 2018 reach over 100k tons.

On 6 June 2016, Mexico officially imposed a definitive duty on imports of certain flat coated steel from China and Taiwan. The rate of the duty imposed on imports from Taiwan is 22.26% or 52.57% depending on the company. The rate of the duty imposed on imports from China is between 22.22% and 76.33% depending on the company.

On 18 December 2015, the Mexican Ministry of Economy initiated an anti-dumping investigation on certain flat coated steel from China and Taiwan. The products subject to investigation are classified under the following HS code: 7210.30.01, 7210.30.99, 7210.41.01, 7210.41.99, 7210.49.01, 7210.49.02, 7210.49.03, 7210.49.04, 7210.49.99, 7210.61.01, 7210.70.01, 7210.70.99, 7212.20.01, 7212.20.02, 7212.20.99, 7212.30.01, 7212.30.02, 7212.30.99, 7212.40.03, 7212.40.99, 7225.91.01, 7225.92.01, 7226.99.01 and 7226.99.02. The complaint was lodged on 15 September 2015 by Ternium México, S.A. de C.V. and Tenigal, S. de R.L. de C.V.

 

Mexico has imported a lot of Vietnam Galvanized (GI) and Galvalume steel (GL) since early 2019, WHY?

  1. Mexico announced the anti-dumping final result on imported Corrosion Resistant steel like Galvanized (GI) and Galvalume (GL) steel sheets from China, Chinese Taipei (Taiwan).
  2. Vietnam and Mexico join CP TPP Agreement together as active members with custom tax duty into 0% for steel products
  3. Vietnam Galvanized and Galvalume steel is with good quality because of new investments, new updated modern production lines from top machine and equipment brands in the world like Tenova, Danieli from EU.
  4. Vietnam has cheap labor cost with population over 100 million people.
  5. Vietnam has cheap transportation cost of seaway and roadway with coast line of 3,260 km. Its location is also at the heart of South East Asia for the most convenience of transportation to deliver shipments to over the world.

If you are a steel importer from Mexico looking for Galvanized and Galvalume steel coil manufactured in Vietnam, please contact directly with below detail for the fastest approach:

Mr. Van Loc – Export Manager

Whatsapp: +84 769 112358

Email: vanloc@mrs.com.vn

 

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