CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Mexico Investigating Indian Ferroalloy 'Dumping'

Mexico Investigating Indian Ferroalloy 'Dumping'

by Mike Godfrey, Tax-News.com, Washington

09 September 2015


Mexico announced recently that it has launched an investigation to determine whether Indian firms have been "dumping" ferro-silico-manganese, an input used in steelmaking.

The investigation was initiated at the request of Mexican manufacturer Compañía Minera Autlán, which alleges that Indian companies have been exporting ferro-silico-manganese to Mexico at prices below the selling price in India, thereby harming Mexican producers – a practice known as "dumping."

The investigation will cover exports during the period April 1, 2012, to March 31, 2015.

Mexico's Secretariat of Economy said that, based on the information provided by the complainant, there is sufficient evidence that Indian companies have been selling ferro-silico-manganese in Mexico at discriminatory prices to the detriment of Mexican producers. It said that imports from India accounted for 44 percent of all imports of the product during the period under investigation. In addition, it said that imports of the product from India grew 507 percent in the period, increasing Indian firms' share of the domestic market by 3.7 percentage points.

TAGS: tax | India | tariffs | anti-dumping | Mexico | trade disputes | import duty | trade | Economy

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »