According to Mexico's iron and steel sector planned to increase 15% of temporary tariffs on Chinese steel imports.
Mexico government will work together to study the feasibility plan in order to prevent unfair competition of Chinese steel products.
Meanwhile, Mexico’s September steel production fell by 4% year on year, but Mexican steel consumption increased by 10.8% year on year. Obviously, the import steel will injury domestic market in long term.
(Article from the Internet for reference only)
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