Brazilian foreign trade chamber Camex has imposed
anti-dumping duties on imports of heavy plate from China, South
Korea, Ukraine and South Africa.
tariff will be valid for five years, varying from $135.08 per
tonne to $261.79 per tonne, the chamber said in a resolution
published Oct. 3 by the countrys official gazette.
Products imported from
South Koreas Posco Ltd. and Hyundai Steel Co. Ltd. will
be charged tariffs of $135.08 per tonne and $135.84 per tonne,
Imports from South
Africa will face a duty of $166.63 per tonne.
from China and Ukraine will be subject to tariffs of $211.56
per tonne and $261.79 per tonne, respectively.
The duty covers
low-carbon plate in thicknesses greater than 4.75 millimeters
and widths of more than 600 mm.
The tariffs, however,
wont be applied to certain types of plate, such as goods
intended to meet the requirements of acid-corrosion tests and
those used in the production of some pipe, Camex said.
The case was opened in
May 2012 following a request from Brazils sole heavy
plate producer, Usinas Siderúrgicas de Minas Gerais SA
period was extended by six months in April. It originally
covered heavy plate imports from six countries. In December
last year, however, both Russia and Australia were dropped from
the probe as their exports to Brazil were considered
insignificant during the review period.
Camexs decision. "The company considers the measure an
important step to ensure equal competition in the steel market,
reinforcing the governments commitment to the
strengthening of the Brazilian industrial sector in a free
competition context," it told AMM sister publication
A version of this
article was first published in AMM sister publication Steel