29 DECEMBER 2010AL CIRCLE
Mexico Cuts Import Duties on Steel, Aluminum Wire
Edited by : AL CIRCLE
1 min read
... The government is also cutting duties on alloy and non- alloy aluminum wire to 3 percent and it is removing an exception for aluminum products such as tubes and will increase import taxes to as much as 5 percent, the Mexican Economy Ministry said yesterday in the Nation’s official gazette. The decree takes effect today. Three-month aluminum on the London Metal Exchange has gained 19 percent in the past four months. It traded at $2,455 a ton today. ...
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