Arguing that there is no serious injury to the domestic production, the Ministry of Economy of Guatemala decided that it is not appropriate to impose the safeguard requested by a local company on the import of rolled products.
It was found that there is no Serious Injury to the total national production of "flat rolled products of other alloy steels, of a width greater or equal to 600 mm", which are classified in the tariff items 7225.91.00, 7225.92.00 and 7225.99.00 of the Central American Tariff System (SAC), according to official information.
Importers of rolled products in Guatemala demand objectivity in the investigation conducted by the Ministry of Economy to determine whether or not to apply a safeguard to the import of these products.
Derived from the request made by the company Ternium, for the Directorate of Foreign Trade Administration (DACE) to carry out an economic study of the import of rolled products in the country, which has as its main objective, to establish if appropriate a safeguard measure, companies such as Ferromax and Grupo Ferroso, SA, require that the results of the investigation are objective and respond to the real situation of the market.
At the request of Ternium, the Guatemalan Ministry of Economy conducts an import investigation to determine whether or not a safeguard can be applied, a measure opposed by the commercial sector.
In February 2018, the company Ternium submitted to the authorities a request for the Directorate of Foreign Trade Administration (DACE) to carry out an economic study of the import of rolled products into the country, which has as its main objective, to establish whether a safeguard measure is appropriate.
A Guatemalan corrugated steel manufacturer has pointed out that zinc sheets imported from China are being sold at prices below the cost of sales at origin.
A drop in sales, shutdown of equipment and staff layoffs are the causes of the alleged dumping in the corrugated steel market, concludes a preliminary investigation conducted by the Ministry of Economy (Mineco) in response to a complaint lodged by the manufacturer Ternium.