Iron or non-alloy steel wire rod.
The Ministry of Economy issued in the Official Journal of the Federation, the decision declaring the initiation of administrative proceedings to examine the countervailing duty imposed on imports of iron or non-alloy steel wire rod originating in Ukraine, irrespective of the country of origin.
The publication states that the companies Ternium México, S.A. de C.V., Deacero, S.A.P.I. de C.V. and TA 2000, S.A de C.V., expressed interest in initiating the examination of the validity of the definitive countervailing duty imposed on imports of iron or non-alloy steel wire rod originating in Ukraine.
The product under examination is iron or non-alloy steel wire rod and is made from carbon steel (low or high carbon), oval or circular section. It is a product of so-called “commodities” or commercial goods used in different industries, such as construction, machinery and equipment, other metal and agricultural products. It is known as “steel wire rod”, “non-alloy steel wire rod” or simply “wire rod” and in international markets by its name in the English language as “wire rod” or “steel wirerod”.
This product enters the national market through the tariff fractions 7213.91.01, 7213.91.02, 7213.99.01 and 7213.99.99 of the Tariff of the Law on General Import and Export Taxes.
The review period shall run from 1 July 2019 to 30 June 2020 and the review period shall run from 1 July 2015 to 30 June 2020.
The above-mentioned resolution provides an opportunity for those natural or legal persons with a legal interest in the outcome of this examination procedure, they declare it within 28 working days from the day following the publication of that decision in the Official Journal.
If your company imports this kind of material, in Bandala | Díaz | García we have the specialized staff who can help you determine the convenience of presenting arguments and evidence within this process.
The main purpose of this information is to provide guidance to the general public. It does not replace the provisions of applicable law. Nor does it replace the specialized legal advice or consultancy that can be offered by any of the lawyers and/or accountants of Bandala | Díaz | García