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Mexico Set to Review 57.69pc CVD on Brazilian Rebar Imports Ahead of August Renewal
ByAinvest
Thursday, Aug 14, 2025 12:03 pm ET1min read
Mexico will review its countervailing duty (CVD) on Brazilian rebar imports, which has been in place since 1995. The review will be conducted by ArcelorMittal, Ternium, Deacero, and Grupo Simec. No rebar imports from Brazil were recorded in the specified periods, and rebar was the most-produced product in Mexico in the first half of 2025. The review period is from July 2024 to June 2025, and the analysis period is from July 2020 to June 2025.
Mexico has initiated a review to potentially extend its countervailing duty (CVD) on Brazilian rebar imports, a measure originally implemented in August 1995. This review was announced in the country’s Official Gazette of the Federation (DOF) and is being conducted by the Mexican Ministry of Economy (SE) [1].The review period is set from July 2024 to June 2025, with the analysis period spanning from July 2020 to June 2025. The review is prompted by complaints from Ternium México, ArcelorMittal México, Deacero, and Grupo Simec, which argue that the removal of duties would negatively impact domestic production [1].
The initial ad valorem duty was imposed at 57.69% for all Brazilian importers. The product under investigation is classified under HS code 7214.20.01. Despite the review, anti-dumping measures will remain in effect during the ongoing assessment [1].
This development comes as rebar was the most-produced product in Mexico in the first half of 2025, with no rebar imports from Brazil recorded in the specified periods [1].
Meanwhile, Rayonier Advanced Materials (NYSE: RYAM) has filed parallel antidumping and countervailing duty petitions with the U.S. Department of Commerce and the U.S. International Trade Commission against Brazilian and Norwegian manufacturers of high-purity dissolving pulp, alleging unfair pricing and subsidies [2].
These developments highlight the ongoing global tensions around trade practices and their impact on domestic industries. As the review progresses, investors and financial professionals should closely monitor the outcomes, as they could significantly influence the Mexican steel market and broader trade dynamics.
References:
[1] https://www.kallanish.com/en/news/steel/market-reports/article-details/mexico-reviews-duty-on-brazilian-rebar-imports-0825/
[2] https://seekingalpha.com/news/4483840-rayonier-to-seek-us-relief-from-unfairly-traded-imports-of-high-purity-dissolving-pulp
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