- Created: Thursday, 16 July 2015 11:37
Mexico announced on July 14, 2015, that it has concluded a preliminary anti-dumping investigation into imports of certain types of carbon steel pipe from companies in the United States, Spain, and India.
What is Dumping?
Dumping occurs when goods are sold to importers in a country (Mexico in this case) at prices that are lower than the selling price of comparable goods in the country of export, or are sold to a country at unprofitable prices, thereby causing potential “injury” to that country’s industries.
What is “injury”?
A critical factor is whether the “dumped” imports are causing injury or threatening to cause injury to the country’s industry. Injury may be shown by: lost sales, reduced prices, lost market share, decreased profits, etc.
Results of Mexico’s Investigation:
|Description of Goods
||Country of Origin (or export)
||Has Dumping Occurred?
||Provisional Duty Payable
|Certain Steel Pipe
• United States
|United States – Yes
India – Yes
Spain - Yes
|United States – 56.44% *
India – 5.15% to 73%
Spain – 55.28%
* Longitudinal straight seam welded pipe from US is 25.43%
What do you need to do?
• Pay the imposed provisional duty on the subject goods until further notice.
• Contact Cole International at (403) 262-2771. We can assist you by providing information and by putting you in contact with the appropriate office to address your Customs needs into Mexico.