After intense negotiations with the local steel industry, Mexico Ministry of Economy has extended 15% imports tariff on certain imports of iron and steel products for 6 months.

Mexico Ministry of economy said the products involved slab, cold rolled coil, hot-rolled coil, steel plate and wire, with 15% temporary tariffs extension for 6 months, especially from China.

The 15% extension of the temporary tariffs are not only affected on Chinese steel exporters, but also with other countries have not have trade agreements with Mexico.

• [Editor:Chen Zhen Seng]