Industry data from U.S. domestic steel manufacturers also shows that Mexican steel producers are deliberately pricing more than 25% less than American-made products. For example, wire rod from Mexico was priced at 32 cents per pound Free on Board (FOB) mill in May 2023 compared to 55 cents per pound FOB mill for U.S. wire rod. At the same time, the Mexican government is suppressing data on imports of steel products to Mexico, raising the possibility of circumvention of steel products shipped to the U.S.

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