It's reported that Mexico's Ministry of Economy said that it would start an antidumping (AD) investigation on galvanized mesh, made of carbon steel woire, from China, in response to the complaint made by Deacero in February.
It's known that the Chinese products exported to Mexico at dumping margins of 38%~52% between October 2011 and September 2012.
In the given period of time, Mexico's imports of galvanized mesh from China accounted for 32% of total. Meanwhile, the market share acquired by the Chinese galvanized mesh in Mexico has surged by 52% in three years.
Deacero said that the unfair competition from the Chinese imports have damaged local industry.