On May 28, 2021, in the Diario Oficial, Mexico’s Ministry of Economy published the conclusion of the administrative review, examining the validity of the countervailing duty imposed on imports of steel cables originating in the Peoples Republic of China. This resulted in the confirmation of the previously imposed countervailing duty of $2.58 USD per kilogram. It is applicable for goods classified in statistical breakouts 7312.10.01, 7312.10.05, 7312.10.07 and 7312.10.99. The duties are also extended 5 years from December 17, 2019. The resolution entered into force the day following publication.
For more information please visit: https://www.dof.gob.mx/nota_detalle.php?codigo=5619643&fecha=28/05/2021