Brazil investigating imports of Chinese seamless steel tubing
Brazil’s foreign trade secretariat, Secex, announced Monday it will start anti-dumping investigations on the imports of carbon steel seamless tubing from China, following a request from tubes producer Vallourec.
According to Secex, which published its decision at the nation’s Diario Oficial da Uniao, Brazil’s official gazette, it found sufficient evidence of dumping practices in the export of carbon steel seamless tubing from China.
Secex said the average price of the product in the US market, which was presented by Vallourec as a reference in the case, was $2,085.06/mt, while the Chinese export price was $1,013.97/mt.
The period of investigation is from April 2014 to March 2015.