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31 May
13:35

Hyundai and Posco re-negotiate import agreements with Mexico

The Mexican ministry of economy is currently reviewing its commercial agreements with South Korean carmaker Hyundai, and steelmaker Posco, Kallanish learns. The agreement involves the limits set by the ministry on the volume of South Korea-origin cold rolled products that the two companies are allowed to import into the country. In June 2013, provisional anti-dumping duties were imposed on imports by the two companies. A 6.45% tariff was set on Hyundai’s sā€¦
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