Japanese steel sheet imports face an anti-dumping investigation in Mexico, Reuters reported Tuesday, citing a resolution published the same day in the official gazette in Mexico.
The investigation follows a request by a local group, Grupo Acerero, to Mexico's Ministry of Economy, which claimed that imported steel sheets manufactured in Japan were sold at discriminatory prices, constituting unfair international trade practices, the report said.
The probe covers Japanese-origin steel sheets regardless of the country from which they are exported, and the damage analysis will cover the period from Jan. 2023 through Dec. 2025, according to the report.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)