Mexico Terminates the Antidumping Measure Against Iron Steel Nuts Imported from China
On August 2nd, 2010, the Ministry of Economic Affairs of Mexico once announced that iron steel nuts imported from China did cause material injury to Mexican fastener industry and made a 64% definitive antidumping duty on nuts imported from China (within HS codes 7318.16.03 and 7318.16.04) as well. Then in Nov. 4th, 2010, it revised the announcement to include only certain nuts under the following specifications: carbon steel grade 1008-1045, hardness 2/5/8/2H, hex or square, inner dia.≦ 1.5 in., threaded, flat surface on upper/down sides, with or without metal coatings.
According to a notice from the Ministry of Economic Affairs of Mexico on Nov. 4th, 2014, if no company made their objection before the expiry date, the antidumping duty would automatically expire on Aug. 3rd, 2015.
On June 9th, 2015, Mexican Prottsa made its objection and asked for an expiry review, so on July 21st, 2015, Mexican Ministry of Economic Affairs made an announcement to launch the sunset review on iron steel nuts imported from China. On Nov. 4th, 2015 Mexican Ministry of Economic Affairs announced the final determination to terminate the 64% antidumping duty on certain nuts imported from China, which has come into force since Nov. 5th, 2015.