The 14,000 workers represented by the Mexican National Mining Alliance of the National Union of Mine, Metal, Steel and Allied requested this week that the Ministry of Economy complete its research currently being undertaken to curb steel imports from Russia and Ukraine, which generate a calculated avoidance and tax evasion of at least USD 1 billion.
The alliance said that it is at risk of losing 120,000 of the 720,000 existing jobs in the national steel industry, due to the continual illegal entry of steel from other countries with which Mexico has no trade agreements; a situation allowed in the last 10 years with the complacency of PAN governments.
Mexican government to curb illegal entry of steel
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Mr Hector Jimenez Coronado general coordinator of the NMA said that in the next 4 years 100,000 additional jobs could be added, thanks to USD 10 billion from companies considering investing in the steel sector.
However, those potential jobs are at risk from the possibility that companies do not want to risk their capital.
Mr Jimenez said that countries such as China, South Korea, India, Brazil, Russia and Ukraine exported steel products to Mexico under dumping and/or subsidized prices, or altering the antidumping duties to be paid.
He said that in the case of steel from Russia and Ukraine, many Mexican importers violate the FTA to pay compensatory fees lower than those provided. The steel trespassing affects not only the steel industry, but also to the mining sector, especially coal, as this raw material is key ingredient in steel production.
He added that among the states hardest hit is Coahuila, which contains 80% of the country's coal deposits.
Tags: JIS3106 SM490YA steel, JIS3106 SM490C steel, JIS3106 SM490B steel
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